The bitcoin (Btc) The price jumped 2% to $ 87,800 from the midnight UTC. The increase was accompanied by a future opening interest in Binance, which proved the feeling of the market market to signal sustainable acquisitions.
The open interest in the BTC-USDT futures listed in the exchange has increased by approximately 7,000 BTC ($ 614.6 million) since the first time of Asian trading, according to data monitored by coinglass and velo data. Open interest refers to the number of active, or open, contracts at one time.
Moreover, Binance funding rates hold positive to suggest a bias for bullish (long) bets.
“This is a great sign, volatility is coming,” said coinglass, which refers to the well -known increase in open interest.
