The Bitcoin open interest has been a subject of debate over the past week, with various on-chain platforms revealing its recent record-breaking surge. However, investment analytics firm Alphractal disputed that the open interest in BTC had reached a new all-time high. Interestingly, a prominent crypto analytics platform has put forward new data on the Bitcoin open interest, disclosing that this indicator indeed forged a record high over the past week. Here is its potential implication on the price of BTC. Are Bitcoin Traders Taking More Risk? In a new post…
