Bitcoin's open interest reached about $23.4 billion amid a crypto price recovery, with Ether at $15.5 billion and Solana at $2.7 billion, totaling $41.6 billion for these three assets. Open interest reflects active derivative contracts but does not indicate whether traders are betting on price rises or declines. The data shows increased derivatives activity but does not clarify market direction or risk of forced liquidations. This metric signals market exposure rather than trader sentiment or future price movements.
While Bitcoin's open interest nears $23.4 billion, on Pluang as of Oct 22, 2026 16:41 WIB, BTC trades at Rp1.473.513.675 with a 1-day decline of 1.99%. In contrast, Solana, with much lower open interest, is priced at Rp1.866.492 and has fallen 2.98% in the same period. This shows Bitcoin's dominant market cap of Rp29.708,5 trillion compared to Solana's Rp1.105,38 trillion, highlighting differing investor engagement levels despite recent price drops.
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