Bitcoin open interest remains elevated as crypto market dips s | Bitcoin Magazine

Bitcoin open interest remains elevated as crypto market dips slightly

Bitcoin open interest has increased to over $1.5 billion while the price is trading down — a cause for concern, according to some crypto analysts. "Price flat, with OI up $1.5 billion. High-risk situation," Decentrader founder @filbfilb posted on X.com. The Decentrader founder also warned, "Can't remember such a situation in a long time. Survive." According to another X post by Byzantine General, "open interest is rising quickly again, almost back to the previous level where we got a sudden nuke."

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