Since Trump's victory, the open interest in Bitcoin futures has significantly increased

ChainCatcher news, since Trump's victory on November 5, the Bitcoin futures open interest has risen significantly. Data shows that the Bitcoin futures open interest has increased from $39 billion on November 5 to the current $60.9 billion, indicating an increase in trading activity and market speculation.

Bitfinex analysts state that the increase in open interest appears to be a natural growth driven by expectations of future price appreciation. Leverage accumulation is a common tool used by traders, including institutions, to position themselves for anticipated price movements.