Bitcoin Open Interest Sets All-Time High As BTC Tops $72,000

Data shows the Bitcoin Open Interest has set a new all-time high (ATH) as the cryptocurrency’s price has surged above $72,000.
Bitcoin Open Interest Has Shot Up Recently
CryptoQuant Netherlands community manager Maartunn explained in a post on X that the BTC Open Interest has just reached a new ATH.

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Bitcoin Open Interest Hits Alarming Level, Brace For Impact?

Data shows that Bitcoin Open Interest has surged to extreme levels recently, a sign that a large amount of volatility may soon clutch the market.
Bitcoin Open Interest Has Been Rapidly Moving Up Recently
As an analyst in a CryptoQuant Quicktake post pointed out, the BTC Open Interest is very high.

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