A new Glassnode report has revealed that the Bitcoin Open Interest continues to decline, a sign demand from risk-taking futures cohorts is waning.

Bitcoin Futures Open Interest Has Shown No Signs Of Growth Recently

In its latest weekly report, on-chain analytics firm Glassnode has talked about the latest trend in the Bitcoin Open Interest . This indicator measures the total amount of BTC-related perpetual futures positions that are currently active on the various centralized derivatives exchanges.

When the value of this metric rises, it means investors are opening up fresh positions on the market. Generally, the amount of leverage present in the sector goes up when new positions appear, so this kind of trend can lead to more volatility for the asset.

On the other hand, the indica

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