TechFlow News: On April 27, according to on-chain analyst Ai Aunt (@ai 9684xtpa), Binance’s DOGE open interest (OI) increased by nearly $100 million over five days. Since the afternoon of April 23, Binance’s DOGE perpetual contract open interest surged from 2.31 billion DOGE to a peak of 3.23 billion DOGE—a rise of 920 million DOGE (nearly $100 million), or 39.8%. During the same period, however, DOGE’s price rose by only up to 5%, indicating a significant mismatch.
Add to Favorites
Share to Social Media
