new funds
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Bitcoin futures open positions reached an annual high of $12 billion
According to reports, CoinGlass data shows that the nominal value of open positions in Bitcoin (BTC) futures contracts has reached an annual high of $12 billion, up 7% in the current month. The increase in open positions means that new funds are flowing into the market, but it does not indicate whether traders are preparing for price increases or price declines. Interpretation of this information: The cryptocurrency market seems to be picking up steam, judging by the trajectory of the Bitcoin futures market. According to CoinGlass data, the nominal value…
