Crypto trivia ๐ Open interest
Open interest for Binance USDโ-M perpetual contracts is tracked separately for each trading pair. Data from a single platform does not equal total market-wide open interest.
Every open contract corresponds to one long and one short position, so the total number of long positions and short positions in the entire market is always equal.
At first, I thought knowing how to read candlestick charts was enough. Then I realized the basics are lesson one.
A real-time reference: $BTC is quoted at 74837.93 (24h -0.8%).
Open interest for Binance USDโ-M perpetual contracts is tracked separately for each trading pair. Data from a single platform does not equal total market-wide open interest.
Every open contract corresponds to one long and one short position, so the total number of long positions and short positions in the entire market is always equal.
At first, I thought knowing how to read candlestick charts was enough. Then I realized the basics are lesson one.
A real-time reference: $BTC is quoted at 74837.93 (24h -0.8%).
