BlockBeats News, December 22, Glassnode posted on social media that as the Bitcoin price returned above $90,000, the open interest of perpetual contracts had increased from 304,000 BTC to 310,000 BTC (an increase of about 2%). At the same time, the funding rate had risen from 0.04% to 0.09%. The combination of these two indicators indicates that leveraged long positions are building up again, and perpetual contract traders are positioning themselves for potential end-of-year price volatility.

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