Doge Hits Record $4 Billion Open Interest with 48% Monthly Surge Signaling Strong Market Momentum
2025-07-18 07:27:25
Main Idea
Doge's open interest hits a record $4 billion with a 48% monthly surge, signaling strong market activity and potential price volatility.
Key Points
1. Total open interest for Dogecoin reached $4 billion, a 48% monthly increase.
2. This surpasses the previous record of 14.31 billion DOGE set in January 2024.
3. The surge indicates strong market activity and potential price volatility.
4. Doge perpetual contract long positions are currently dominant.
Description
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