Since Trump’s victory on November 5, Bitcoin futures open interest has risen sharply, with data from Coinglass showing that Bitcoin futures open interest has risen from $39 billion on November 5 to $60.9 billion currently, indicating increased trading activity and market speculation.
Bitfinex analysts said the increase in open interest appears to be natural growth, driven by expectations of future price appreciation. Leverage accumulation is a common tool used by traders, including institutions, to position themselves against expected price movements. (TheBlock) #Binance
