$ONDO 15-minute futures open interest rose 10.71%; the price rose 3.68% over the same period.
Let’s use this data to break down open interest.
Open interest is generally tracked separately for each trading pair. Here, it refers to open interest in Binance’s USDⓈ-margined perpetual contracts, not the total across all platforms.
The higher open interest climbs, the more clearly futures trading can affect the price. A sudden surge or drop could trigger a cascade of liquidations.
Indicators can fail, so don’t skip your stop-loss: thinking through what you’ll do if your judgment is wrong matters more than guessing correctly.
Let’s use this data to break down open interest.
Open interest is generally tracked separately for each trading pair. Here, it refers to open interest in Binance’s USDⓈ-margined perpetual contracts, not the total across all platforms.
The higher open interest climbs, the more clearly futures trading can affect the price. A sudden surge or drop could trigger a cascade of liquidations.
Indicators can fail, so don’t skip your stop-loss: thinking through what you’ll do if your judgment is wrong matters more than guessing correctly.
