Zcash, XRP and Solana Bets Push Altcoin Leverage Past Bitcoin
Open interest in altcoin perpetual futures moved above bitcoin’s this weekend for the first time since December 2024, a shift that preceded sharp mid-cap corrections the last time it happened. What Metric Flipped Actually? Aggregate open interest, the dollar value of futures contracts still open, in altcoin perpetuals surpassed the same figure for bitcoin yesterday. […]
Key Takeaways
- Open interest in altcoin perpetual futures moved above bitcoin’s this weekend for the first time since December 2024, a shift that preceded sharp mid-cap corrections the last time it happened.
- What Metric Flipped Actually?
- Aggregate open interest, the dollar value of futures contracts still open, in altcoin perpetuals surpassed the same figure for bitcoin yesterday.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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