Bitcoin perpetual open interest rises as traders bet on year-end rally

Bitcoin perpetual open interest climbed to 310,000 BTC while funding rates doubled, signaling bullish positioning for the year-end.

Source: https://cointelegraph.com/news/perpertuals-oi-rises-as-leverage-longs-position-for-end-of-year-move-glassnode?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound