Santiment: Open interest in BTC, ETH and SOL climbs as market recovers
- —Bitcoin open interest stands near €20.8 billion, below its spring peak
- —Ethereum open interest is about €13.8 billion, rising steadily since August
- —Solana open interest is roughly €2.4 billion with sharper swings
- —Rising open interest raises the risk of cascading liquidations
Why it matters: Growing open interest amplifies volatility, as a sudden price reversal can trigger a chain of forced position closures.
Source: Crypto Insiders