CryptoQuant recorded a sharp jump in interest in Bitcoin derivatives
Date: 2025-04-23 Author: Henry Casey Categories: CRYPTO PAYMENTS
The analytical platform CryptoQuant reported a noticeable increase in open interest (OI) in Bitcoin, which may indicate upcoming changes in the market. According to their data, in recent months, the activity of investors and traders in the derivatives market has increased significantly.
In November, open interest jumped by 16.4%, and in December - by another 15%. This growth was parallel to the rise in the Bitcoin rate by 10.2% and 7.3%, respectively. Analysts noted that last year, positive dynamics in the spot market were often supported by aggressive trading in the derivatives segment.
However, the current situation is somewhat different. Since the beginning of the year, open interest has already grown by 17.4%, but the price of bitcoin has added only 4.2% over the same period. According to CryptoQuant specialists, such a difference may indicate ongoing pressure from sellers, which is holding back the growth of the asset, despite increased activity in the futures markets.
Experts also drew attention to the movement of significant volumes of bitcoin across the network. Such actions, as a rule, foreshadow significant volatility and possible price jumps. Given these factors, analysts suggest that the current state of calm in the market of the first cryptocurrency is nearing its end.
Meanwhile, representatives of the Singaporean company QCP Capital emphasized that the image of bitcoin as a protective asset and a hedge against inflation is again gaining popularity among large institutional investors. This may further increase interest in the cryptocurrency and affect its further movement.
Thus, despite the continuing pressure, the bitcoin market is gradually preparing for a new round of activity, experts believe.
