his “Bitcoin open interest for options has exceeded $16 billion. This is the largest ever.” Open interest refers to the total number of outstanding derivative contracts, such as options, that have not been settled. It is often used as an indicator of market activity and trader interest. The surge in Bitcoin options open interest may indicate increased participation and hedging strategies in the market. 📊🚀 #BitcoinBoom #OptionsTrading #CryptoMarkets 🌐🔗