Glassnode Analysis: DOGE Futures Open Interest Continues to Rise to $1.62 Billion

Data from glassnode shows that despite the DOGE price retreating from recent highs, its futures open interest has increased by 63.9% over the past week, rising from $989 million to $1.62 billion. This decoupling phenomenon indicates that speculative positions persist in the market, with traders actively positioning themselves even as price momentum weakens.