---
title: "Bitcoin open interest goes meteoric; traders now warn of a ‘whipsaw’"
url: https://diffcoin.com/bitcoin-open-interest-goes-meteoric-traders-now-warn-of-a-whipsaw/
description: "Bitcoin’s OI jumped $2.02 billion over three days, sparking concerns among traders about a potential “whipsaw” event. Source link"
published: 2024-06-06
updated: 2024-06-06
author: "Mila"
site: "Diffcoin"
---

# Bitcoin open interest goes meteoric; traders now warn of a ‘whipsaw’

Bitcoin’s OI jumped $2.02 billion over three days, sparking concerns among traders about a potential “whipsaw” event.

[Source link](https://cointelegraph.com/news/bitcoin-open-interest-surges-price-volatility-crypto-traders)