Open interest in Solana is down 21% compared to the previous day as its price dips below levels unseen in over 30 days. Solana open interest (OI) and its price have declined in the past 24 hours, mirroring a broader decline across the cryptocurrency market. However, traders are remaining optimistic, viewing it as a “good opportunity.”…
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BTC futures open interest approaches a record high and today’s sharp sell-off triggered alarm from traders. Bitcoin took a shot at $53,000 on Feb. 20, briefly surpassing $52,900 before correcting as the result of $50 million in leveraged long liquidations. Nevertheless, even with a drop to $50,750, Bitcoin futures open interest remains at $23.7 billion, which…
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