❗️ $BERA contract shows a divergence between open interest and price: open interest is rising while the price moves sideways
Over the past 24 hours, open interest (in coins) increased by 91.53%, while the price rose 1.14%. The current value of open interest is approximately $6.55 million.
The price has barely moved, but positions are piling up, which could amplify volatility ahead. What would you do in this situation?
Over the past 24 hours, open interest (in coins) increased by 91.53%, while the price rose 1.14%. The current value of open interest is approximately $6.55 million.
The price has barely moved, but positions are piling up, which could amplify volatility ahead. What would you do in this situation?