Glassnode Analysis: DOGE Futures Open Interest Continues to Rise to $1.62 Billion
Show original
Data from glassnode shows that despite the DOGE price retreating from recent highs, its futures open interest has increased by 63.9% over the past week, rising from $989 million to $1.62 billion. This decoupling phenomenon indicates that speculative positions persist in the market, with traders actively positioning themselves even as price momentum weakens.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$65,694.04
-2.64%
Ethereum
ETH
$1,927.43
-5.10%
Tether USDt
USDT
$1.0000
-0.01%
BNB
BNB
$612.34
-1.72%
XRP
XRP
$1.35
-2.94%
USDC
USDC
$1.0000
-0.00%
Solana
SOL
$81.55
-5.42%
TRON
TRX
$0.2827
-1.11%
Dogecoin
DOGE
$0.09329
-3.48%
Cardano
ADA
$0.2773
-3.00%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now