As Bitcoin prices soared following the election, big banks are reportedly accruing $1.4 billion from futures contracts.
Read moreSolana open interest hits record high: Will SOL top $200?
SOL is up more than 20% this week, and data suggests that the rally will continue.
Read more3 reasons why Bitcoin price bottom could have been $67.3K
Data suggests traders are ignoring the current Bitcoin price correction and betting for new highs after the US elections wrap up.
Read moreBitcoin price peels back from its weekly high, but BTC derivatives markets look good
Wider economic and stock market-related issues are impacting Bitcoin’s softening price, but futures market data shows traders still feel bullish.
Read moreHow do crypto derivatives work?
Explore the mechanics of crypto derivatives, including futures, options and perpetual contracts, as well as the role of leverage, margin requirements and their impact on
Read moreBitcoin open interest exceeds $40B amid brush near $70K
High open interest signals more leverage, which could induce another flush-out if positions are liquidated.
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