Bitstar2

08/29 15:06

Rising Open Interest Raises the Stakes Bitcoin’s

Rising Open Interest Raises the Stakes Bitcoin’s derivatives market shows a major change from the deleveraging seen earlier this year. Open interest previously fell from above $60 billion toward $30 billion to $35 billion. That decline reflected widespread position closures and reduced leverage during Bitcoin’s earlier weakness. Recently, however, open interest recovered toward $56.48 billion.

Additionally, Bitcoin traded near $80,258 as open interest increased. This combination suggests traders are rebuilding leveraged positions alongside the price recovery. Hence, rising open interest could support further gains if buyers maintain control. Nevertheless, expanding leverage also increases liquidation risks during sharp reversals. # Trending Token Price Prediction Challenge #HTX 13th-Anniversary Carnival #HTX Creation Challenge — Post and Win 1,500U

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