$ICNT's open interest jumped 8.25% in just an hour, and the price went up 2.33%. When both go up together, it usually means new long positions are being established. On its own, open interest doesn't tell the whole story—you always have to look at it alongside the price.
$ICNT
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#Nasdaq100Falls5.5%InWorstWeekIn18Months #CelestiaLaunchesEdenToTestAIAgentTrading
$ICNT
$BTW
#Nasdaq100Falls5.5%InWorstWeekIn18Months #CelestiaLaunchesEdenToTestAIAgentTrading