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Open Interest in Binance's BNB Token Futures Jumps to 5-Month High

The surge in open interest comes alongside a decline in price and signals an influx of bearish short positions in the market.

Updated Jun 12, 2023, 6:11 a.m. Published Jun 12, 2023, 6:11 a.m.
BNB futures open interest (Coinglass)
BNB futures open interest (Coinglass)