🧨 $ON Open interest surged 8.11% in 15 minutes 👀
Don't rush—understand open interest before taking action👇
Open interest isn't an inflow of funds: an increase in open interest only means that the positions held in contracts have grown. It doesn't tell you whose funds they are, or whether the positions are bullish or bearish.
The same data can mean very different things in different market conditions, so don't blindly apply a single rule.
#ON
Don't rush—understand open interest before taking action👇
Open interest isn't an inflow of funds: an increase in open interest only means that the positions held in contracts have grown. It doesn't tell you whose funds they are, or whether the positions are bullish or bearish.
The same data can mean very different things in different market conditions, so don't blindly apply a single rule.
#ON
