Digital Currency
Add as a preferred source on GoogleEvery open contract has both a buyer and a seller, so the aggregate count cannot reveal whether traders overall are net long or short.
Monero (XMR) futures open interest answers how many contracts remain open at a given moment. It does not identify which side would benefit from a price move.
Volume, by contrast, records contracts traded during a set period, and each open contract has both a buyer and a seller.
The position dated to Aug. 9, and futures open interest had a dollar value of $198 million at the Oct. 20 close.
The figure describes positions still open; it does not show how much was traded or which way traders lean.
CoinWarz listed the Jan. 16 peak at 7.54 GH/s, leaving the Oct. 26 estimate about 4.9% lower.
