Open Interest (OI), a key factor in the financial market, indicates the total number of unsettled derivatives contracts; therefore, the spike hints at a massive influx of new positions by traders.
Author: Neelesh Roy
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Moving a lot of their profits into an AI early sale shows a trend of experienced crypto investors branching out into new tech fields.
Bitfinex’s analysis on June 3, 2024, indicated that Bitcoin’s recent price dip, observed since March, is largely attributed to divestment by enduring investors.
With user-friendly interfaces and automated tools, these projects will empower you to navigate the crypto market effortlessly.