Bitcoin: As Open Interest rises, this cohort takes note CME | Crypto Portal

Bitcoin: As Open Interest rises, this cohort takes note

CME Open Interest hits new peak
Barring intermittent retracements, the Bitcoin market has been largely upbeat about the short to medium-term prospects. The derivatives market saw significant capital inflows over the last month.

Whales bullish on BTC?
Whale activity served as another key indicator of Bitcoin’s optimism. AMBCrypto noticed positive values of Hyblock Capital’s Whale vs. Retail Delta indicator. This suggested that whales were opening more longs when compared to retail investors.