William 🎩📸🔵↑💜
@william-crypto
Bitcoin's open interest has reached a new all-time high of $19.8 billion. Additionally, funding rates have attained their highest positive level since August, suggesting that most of the open interest is favoring long positions in Bitcoin. This upward trend in the derivatives market indicates a growing influx of liquidity and increased attention in the cryptocurrency space. The rise in funding rates further points to a bullish sentiment among traders.
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