Bitcoin perpetual open interest rises as traders bet on year-end rally - Source: CoinTelegraph

Crypto derivatives markets are heating up as Glassnode reports perpetual open interest has risen in anticipation of a big move at the end of this year.

Perpetual open interest (OI) has risen from 304,000 to 310,000 Bitcoin as its price briefly touched $90,000 on Monday, Glassnode said on Monday.

Story continues: https://cointelegraph.com/news/perpertuals-oi-rises-as-leverage-longs-position-for-end-of-year-move-glassnode