Glassnode Analysis: DOGE Futures Open Interest Continues to Rise to $1.62 Billion
Data from glassnode shows that despite the DOGE price retreating from recent highs, its futures open interest has increased by 63.9% over the past week, rising from $989 million to $1.62 billion. This decoupling phenomenon indicates that speculative positions persist in the market, with traders actively positioning themselves even as price momentum weakens.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Concordium Launches Zero-Knowledge Proof Age Verification App to Address New Mandatory ID Checks in the UK
Trader The White Whale Holds $300 Million Position, SOL and ETH Longs Yield Nearly $20 Million in Unrealized Profits
Trending news
MoreCrypto prices
More
