Glassnode: Bitcoin price returns above $90,000; bulls begin to accumulate again.
2025-12-22 13:18
According to Odaily Planet Daily, Glassnode published an article on the X platform stating that as Bitcoin's price rebounded above $90,000, open interest in perpetual contracts increased from 304,000 Bitcoins to 310,000 Bitcoins (approximately 2%), while funding rates also rose from 0.04% to 0.09%. This combination indicates that leveraged long positions are being re-accumulated, and perpetual contract traders are positioning themselves for potential year-end market volatility.
