PANews reported on December 22 that Glassnode stated that as Bitcoin's price rebounded above $90,000, open interest in perpetual contracts increased from 304,000PANews reported on December 22 that Glassnode stated that as Bitcoin's price rebounded above $90,000, open interest in perpetual contracts increased from 304,000
glassnode: With Bitcoin prices returning above $90,000, leveraged long positions are rebuilding.
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
PANews reported on December 22 that Glassnode stated that as Bitcoin's price rebounded above $90,000, open interest in perpetual contracts increased from 304,000 Bitcoins to 310,000 Bitcoins (approximately 2%), while funding rates also rose from 0.04% to 0.09%. This combination indicates that leveraged long positions are accumulating again, with perpetual contract traders positioning themselves for potential year-end price action.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Siren (SIREN) Plunges 29.9% as Trading Volume Surges 800% Amid Market Correction
Siren (SIREN) experienced a severe 29.9% price correction in the past 24 hours, dropping from $0.293 to $0.199 while trading volume exploded to $38.4 million. Our
Share
Blockchainmagazine2026/04/02 21:05
Tokenization Value Hinges on Liquidity, Not Novelty
Tokenization is maturing from a novelty experiment into a practical infrastructure play, with the strongest cases emerging around assets that already move trillions
Share
Crypto Breaking News2026/04/02 21:28
Shiba Inu Price Stuck: Bullish Signal Appears, But SHIB Refuses To Move
Shiba Inu price is entering a moment that often appears right before major moves, yet the current structure does not offer a clear direction. The chart shows tightening
Share
Captainaltcoin2026/04/02 21:00
