Bitget GOOGL futures open interest jumps 69% after Alphabet earnings
- —Bitget GOOGL futures open interest hit $52.69 million, up over 69% in 24 hours
- —Alphabet Q3 revenue came in at $127.58 billion, up 25% year over year
- —Net income fell to $26.17 billion from $34.98 billion a year earlier
- —Alphabet shares traded 9.97% below the close in after-hours trading
Why it matters: The jump in open interest signals rising trader demand for tokenized equities and related derivatives after major tech earnings.
Source: TokenPost