🐋 $APE 5-minute open interest increased by 12.97%, indicating that funds are entering the futures market.
A decline in open interest often means positions are being closed, while an increase means new funds are entering. The price action that follows tends to differ in these two cases.
A decline in open interest often means positions are being closed, while an increase means new funds are entering. The price action that follows tends to differ in these two cases.