🔔 $AKE Contract open interest and price diverge: open interest rises while price moves sideways
Over the past 24 hours, open interest (in coin terms) increased by 22.8%, while the price rose 1.48%; current open interest is worth about $10.28 million.
With the price barely moving while positions pile up, volatility could increase going forward. Which indicators do you usually watch?
Over the past 24 hours, open interest (in coin terms) increased by 22.8%, while the price rose 1.48%; current open interest is worth about $10.28 million.
With the price barely moving while positions pile up, volatility could increase going forward. Which indicators do you usually watch?