Open interest in crypto derivatives has risen to $41.6 billion, driven by Bitcoin at $23.4 billion, Ethereum at $15.5 billion, and Solana at $2.7 billion amid a price recovery. This increase signals growing trader participation and higher leverage use, especially notable in Ethereum's steady rise since August. However, Santiment warns that rising open interest can lead to risky cascading liquidations if prices reverse, making it crucial for traders to monitor funding rates and liquidation volumes closely.
While Santiment highlights a $23.4 billion open interest in Bitcoin derivatives, on Pluang Bitcoin trades at Rp1.519.838.736 with a 1-day gain of 2.07% as of Oct 22, 2026 03:02 WIB. Ethereum, with $15.5 billion open interest, is priced at Rp44.828.916 on Pluang, up 2.04% in one day, showing a stronger buy sentiment (68%) compared to Bitcoin's nearly balanced buy/sell activity. Solana, despite a smaller $2.7 billion open interest, shows a higher sell activity (73%) on Pluang and trades at Rp1.946.541, up 1.79% for the day, reflecting differing trader behaviors across these assets.
A Bitcoin trader increased their long position by about $1.6 million and closed a previous long position of 104.81 BTC valued at approximately $8.7 million. The closed long was opened at an average price of $82,971.69 per BTC and closed at $83,068.30...
A recent Bank for International Settlements (BIS) paper argues Bitcoin can't function as everyday money due to lack of credit structures and public backstops, while Michael Saylor agrees Bitcoin is better as capital than currency. Both see credit as ...
Bitcoin traded near $84,500, up 2.5% in 24 hours, recovering from a mid-October dip below $80,000. The total crypto market cap rose 2.2% to $2.9 trillion, with XRP and Zcash showing strong gains. Inflation concerns eased slightly as Brent crude and U...
Bitway (BTW) surged 27.65% in 24 hours to $2.10, topping gains among the 90 largest cryptocurrencies excluding stablecoins. Overall, 78 of these assets advanced, including Rain (RAIN) up 13.45% and Pearl (PEARL) rising 12.74%. Bitcoin and Ether also ...
Bitcoin, XRP, and Cardano have seen price rebounds over the past two days, with Bitcoin rising from around $81,200 to $83,407 and XRP and Cardano also showing gains. Crypto expert Ali Martinez highlighted that these price moves coincide with spikes i...
