🚀 Bitcoin Futures Open Interest Explodes 10% as BTC Charges Toward $110K
Futures traders are piling into Bitcoin like Wall Street into a tax loophole.
Leverage goes brrr: Open interest spikes nearly 10% as derivatives markets bet big on BTC's next leg up. The $110K psychological barrier now looks like tissue paper.
Greed or genius? While retail FOMO meets institutional hedging strategies, one thing's clear - someone's about to get rekt (probably the guys still shorting at these levels).
Meanwhile in traditional finance: Goldman analysts downgrade BTC to 'sell' while quietly allocating 3% of their pension fund to Grayscale.