📊 Glassnode: This week, #crypto rallied broadly, but #Perpetual Open Interest tells a mixed story. #BTC and #SOL saw notable OI declines, suggesting reduced speculative positioning while squeezing shorts during the move. Meanwhile, #ETH , #XRP#, and #BNB# showed rising OI, signalling renewed leveraged engagement and growing appetite for directional exposure
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📊 Glassnode: This week, #crypto rallied broadly, but #Perpetual Open Interest tells a mixed story. #BTC and #SOL saw notable OI declines, suggesting reduced speculative positioning while squeezing shorts during the move. Meanwhile, #ETH , #XRP#, and #BNB# showed rising OI, signalling renewed leveraged engagement and growing appetite for directional exposure