Bitcoin Open Positions Have Soared to $46.59 Billion
Bitcoin's open interest has soared to $46.59 billion on Nov. 8, up 13.3% since Nov. 5th. While high open interest usually rings alarm bells, a positive funding rate of 0.0100% suggests traders are still confidently bullish.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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