Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Whales and ETFS Fuel Bitcoin Surge: $ 3.02 billion inflow spark $ 106k price drop hope

2025-05-01

Chainstack makes Scroll ZKEVM support possible with seamless node implementation

2025-04-30

XRP – Price takes a breathing break – can bulls bounce back here?

2025-04-30
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Chainstack makes Scroll ZKEVM support possible with seamless node implementation

    2025-04-30

    AWS and Microsoft Data Center Pullback reveals blockchain’s AI -Imperative

    2025-04-30

    NodeOps Partners Major Crypto Venture Firms as Validator

    2025-04-30

    NEO works together with FIO to increase the web3 accessibility worldwide

    2025-04-30

    Space and Time Foundation is launched to provide Next-Gen Crypto apps with ZK-Consised data

    2025-04-30
  • NFT

    NFT -Trade graphs shake up in April as a courtyard rises

    2025-04-29

    NFT -turns down to $ 89.4 million, Cryptopunks Sales jumps 106%

    2025-04-26

    Cloudflare removes RTFKT Clonex NFT art due to conditions of service violations

    2025-04-25

    Is the Trump Gala dinner an NFT promoting stunt?

    2025-04-24

    Why RTFKT and Nike’s Ethereum NFT artwork have disappeared

    2025-04-24
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    XRP – Price takes a breathing break – can bulls bounce back here?

    2025-04-30

    Crypto Giant Galaxy Digital announces plans to become public on Nasdaq

    2025-04-30

    XRP Mega Candle on the Horizon? Analyst repeats $ 27 target

    2025-04-30

    DWF Labs called Official Market Maker for JST as the ecosystem only expands

    2025-04-30

    Nasdaq submits a request to SEC to mention Spot Dogecoin (doge) ETF sponsored by 21Shares

    2025-04-30
  • Learn

    What Are Utility Tokens? Types, Roles, Examples

    2025-04-17

    Real-World-Assets in Crypto, Explained

    2025-04-16

    Most Profitable Crypto to Mine in 2025: Best Altcoins for Mining

    2025-04-11

    Receive a welcome bonus of $ 50 when you become a member of the CHANGELLY Mobile App – Only this March!

    2025-03-04

    Centralized Exchange (CEX) vs Decentralized Exchange (DEX): What’s The Difference?

    2025-03-03
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»Bitcoin options open interest explodes as the coin regains $37,000
Bitcoin

Bitcoin options open interest explodes as the coin regains $37,000

2023-11-16No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Journalist

Posted: November 17, 2023

  • Open interest for Bitcoin options has risen to an all-time high.
  • As the coin regains $37,000, volatility starts to kick in.

Throughout its 15-year existence, Bitcoin’s [BTC] Open interest on options has reached an all-time high, surpassing $16 billion, data shows Glass junction showed.

Source: Glassnode

BTC options open interest measures the number of options contracts that have been traded but have not yet closed or expired. When it rises, it suggests that the BTC futures market is highly liquid with many participants.

The increase in open interest coincides with Bitcoin regaining the $37,000 price level during the November 15 intraday trading session.

The currency rose sharply in October but has consolidated within a tight range since early November, meeting resistance at $37,000.

At the time of writing, the key asset was trading at $37,446. The last time BTC traded at this price was in May 2022, according to data from CoinMarketCap. In the last 24 hours, the value of the coin has increased by 5%.

Short traders continue to make losses

Before the price rally over the past 24 hours, BTC’s price had been trading within a tight range since the beginning of the month. This was due to a slowdown in accumulation and an increase in profit-taking activities.

As a result, some traders in the coin futures market opened short positions in anticipation of a price drop.

However, BTC maintained momentum above $36,000, liquidating these short positions. As of November 9, short liquidations totaled $128 million, exceeding long liquidations.

See also  Trump signs order for the American Bitcoin - reserve - but there is a catch ...

Furthermore, the recent rally above $37,000 also resulted in the liquidation of short positions worth $51 million, the second highest in the past fifteen days, according to data from Mint glass.

Source: Coinglass

Volatility preparing for a comeback?

Amid BTC price swings within a tight range, price volatility, which had recovered to a multi-month high in October, cooled. However, with a revival of trading activity in the spot coin market, significant price swings could be on the way.

According to AMBCrypto’s assessment, some volatility makers observed on a daily chart started to rise.


Is your portfolio green? Check the BTC profit calculator


For example, the coin’s Average True Range – which measures market volatility by calculating the average range between high and low prices over a period of time – has risen 13% since November 13.

Similarly, BTC’s Bollinger Bandwidth (BBW) indicator, which saw a decline at the beginning of the month, has initiated an uptrend.

Source: BTC/USDT on TradingView

Source link

Bitcoin Coin explodes Interest open options regains
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Whales and ETFS Fuel Bitcoin Surge: $ 3.02 billion inflow spark $ 106k price drop hope

2025-05-01

BTC Dominance will be 64% in 2025 – Are Altcoins trapped in the shadow of Bitcoin?

2025-04-30

UK reveals new crypto rules, fits us in legal revision

2025-04-30

Bitcoin Raging Bull indicator starts again, but this level contains the key

2025-04-30
Add A Comment

Comments are closed.

Top Posts

Charles Schwab makes the role of digital assets as fixed positions to offer crypto services: report

2025-02-18

Holders of short term dominate as Bitcoin-Rebounds What is there next?

2025-03-06

Aurora to Solve Blockchain Fragmentation with ‘Forwarder’

2024-04-19
Editors Picks

What rising demand for Bitcoin could mean for you

2024-02-05

Bitcoin: Whales Are Piling Up Despite Stagnant Prices – Is This The Reason?

2023-10-15

How Can the Use of Blockchain in Business Workflows Help Meet Your Campaign Targets?

2023-05-27

Coinbase’s chief policy officer endorses Kamala Harris’ efforts to expand the crypto industry

2024-08-23
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Whales and ETFS Fuel Bitcoin Surge: $ 3.02 billion inflow spark $ 106k price drop hope

Chainstack makes Scroll ZKEVM support possible with seamless node implementation

XRP – Price takes a breathing break – can bulls bounce back here?

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$94,829.13-0.18%
  • ethereumEthereum(ETH)$1,808.770.09%
  • tetherTether USDt(USDT)$1.00-0.04%
  • rippleXRP(XRP)$2.21-1.74%
  • binancecoinBNB(BNB)$599.64-0.74%
  • solanaSolana(SOL)$148.830.65%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.174290-0.87%
  • cardanoCardano(ADA)$0.69-1.89%
  • tronTRON(TRX)$0.2465841.04%
  • suiSui(SUI)$3.48-2.37%
  • chainlinkChainlink(LINK)$14.55-0.95%
  • avalanche-2Avalanche(AVAX)$20.95-4.05%
  • unus-sed-leoUNUS SED LEO(LEO)$9.120.93%
  • stellarStellar(XLM)$0.271921-3.08%
  • the-open-networkToncoin(TON)$3.17-2.08%
  • shiba-inuShiba Inu(SHIB)$0.000013-1.40%
  • hedera-hashgraphHedera(HBAR)$0.183523-2.48%
  • bitcoin-cashBitcoin Cash(BCH)$367.651.55%
  • hyperliquidHyperliquid(HYPE)$19.344.27%
  • polkadotPolkadot(DOT)$4.10-1.58%
  • litecoinLitecoin(LTC)$84.31-1.82%
  • daiDai(DAI)$1.000.00%
  • moneroMonero(XMR)$279.160.02%
  • bitget-tokenBitget Token(BGB)$4.35-1.05%
  • ethena-usdeEthena USDe(USDE)$1.000.08%
  • piPi(PI)$0.625.21%
  • pepePepe(PEPE)$0.000009-0.07%
  • aptosAptos(APT)$5.38-0.53%
  • uniswapUniswap(UNI)$5.28-0.88%
  • bittensorBittensor(TAO)$354.61-3.70%
  • okbOKB(OKB)$51.37-0.12%
  • nearNEAR Protocol(NEAR)$2.48-2.49%
  • ondo-financeOndo(ONDO)$0.91-2.92%
  • gatechain-tokenGateToken(GT)$22.070.10%
  • internet-computerInternet Computer(ICP)$4.940.45%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.02-0.23%
  • aaveAave(AAVE)$167.761.06%
  • ethereum-classicEthereum Classic(ETC)$16.62-0.97%
  • mantleMantle(MNT)$0.751.05%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2396961.26%
  • kaspaKaspa(KAS)$0.0925795.24%
  • crypto-com-chainCronos(CRO)$0.089132-1.27%
  • render-tokenRender(RENDER)$4.49-1.03%
  • vechainVeChain(VET)$0.026323-2.26%
  • algorandAlgorand(ALGO)$0.219422-4.28%
  • filecoinFilecoin(FIL)$2.760.38%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.753.15%
  • ethenaEthena(ENA)$0.3194681.21%
  • cosmosCosmos(ATOM)$4.32-1.32%
  • bitcoinBitcoin(BTC)$94,829.13-0.18%
  • ethereumEthereum(ETH)$1,808.770.09%
  • tetherTether USDt(USDT)$1.00-0.04%
  • rippleXRP(XRP)$2.21-1.74%
  • binancecoinBNB(BNB)$599.64-0.74%
  • solanaSolana(SOL)$148.830.65%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.174290-0.87%
  • cardanoCardano(ADA)$0.69-1.89%
  • tronTRON(TRX)$0.2465841.04%
  • suiSui(SUI)$3.48-2.37%
  • chainlinkChainlink(LINK)$14.55-0.95%
  • avalanche-2Avalanche(AVAX)$20.95-4.05%
  • unus-sed-leoUNUS SED LEO(LEO)$9.120.93%
  • stellarStellar(XLM)$0.271921-3.08%
  • the-open-networkToncoin(TON)$3.17-2.08%
  • shiba-inuShiba Inu(SHIB)$0.000013-1.40%
  • hedera-hashgraphHedera(HBAR)$0.183523-2.48%
  • bitcoin-cashBitcoin Cash(BCH)$367.651.55%
  • hyperliquidHyperliquid(HYPE)$19.344.27%
  • polkadotPolkadot(DOT)$4.10-1.58%
  • litecoinLitecoin(LTC)$84.31-1.82%
  • daiDai(DAI)$1.000.00%
  • moneroMonero(XMR)$279.160.02%
  • bitget-tokenBitget Token(BGB)$4.35-1.05%
  • ethena-usdeEthena USDe(USDE)$1.000.08%
  • piPi(PI)$0.625.21%
  • pepePepe(PEPE)$0.000009-0.07%
  • aptosAptos(APT)$5.38-0.53%
  • uniswapUniswap(UNI)$5.28-0.88%
  • bittensorBittensor(TAO)$354.61-3.70%
  • okbOKB(OKB)$51.37-0.12%
  • nearNEAR Protocol(NEAR)$2.48-2.49%
  • ondo-financeOndo(ONDO)$0.91-2.92%
  • gatechain-tokenGateToken(GT)$22.070.10%
  • internet-computerInternet Computer(ICP)$4.940.45%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.02-0.23%
  • aaveAave(AAVE)$167.761.06%
  • ethereum-classicEthereum Classic(ETC)$16.62-0.97%
  • mantleMantle(MNT)$0.751.05%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2396961.26%
  • kaspaKaspa(KAS)$0.0925795.24%
  • crypto-com-chainCronos(CRO)$0.089132-1.27%
  • render-tokenRender(RENDER)$4.49-1.03%
  • vechainVeChain(VET)$0.026323-2.26%
  • algorandAlgorand(ALGO)$0.219422-4.28%
  • filecoinFilecoin(FIL)$2.760.38%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.753.15%
  • ethenaEthena(ENA)$0.3194681.21%
  • cosmosCosmos(ATOM)$4.32-1.32%