#onchain
😐 CryptoQuant: Reducing the Fed rate by 25 b.p. stimulates risk appetite among institutionals and whales - open interest in BTC futures on Binance increased by 4.7% after the Fed meeting.

Open interest (OI) is the total number of all current futures contracts for an asset. The impact of OI growth on the market: more positions and capital accumulates, increasing liquidity and potential volatility.

@Сryptoz ₿