- Major crypto derivatives open interest increased alongside the recovery in cryptocurrency prices.
- Bitcoin open interest reached $23.4 billion.
- Ether recorded $15.5 billion and Solana $2.7 billion in open interest.
Forecast Trend Report by Period
Open interest in major cryptocurrency derivatives has increased as digital-asset prices rebound, with Bitcoin open interest reaching $23.4 billion.
According to on-chain analytics firm Santiment on Oct. 21, derivatives open interest in Bitcoin, Ether and Solana rose alongside the recovery in crypto prices.
Bitcoin open interest totaled $23.4 billion. Ether stood at $15.5 billion, while Solana reached $2.7 billion.
Open interest is a measure of derivatives…
