BTCC
/
BTCC Square
/
TokenpostEN
/
Cardano Futures Open Interest Tops $920M—ADA’s $1 Target in Sight
Cardano Futures Open Interest Tops $920M—ADA’s $1 Target in Sight
9
1
Cardano’s futures market just hit a staggering $920 million in open interest—traders are clearly betting big on ADA’s next move. With the $1 psychological threshold looming, the ’Ethereum killer’ narrative gets fresh ammunition.
Wall Street analysts would call this ’price discovery.’ Crypto degens call it ’number go up.’ Either way, the smart money’s positioning for volatility.
Just remember: in crypto, ’open interest’ is either a leading indicator or a liquidation trap waiting to happen. Choose your side.
By:
Previous
XRP ETF Frenzy Heats Up as VolatilityShares Plots US Market Entry
Next
Solana Whales Make Waves as $200 Price Target Looms—Traders Brace for Impact
