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      Altcoin Perpetual Futures Open Interest Surpasses Bitcoin for the First Time Since December...

      Altcoin Perpetual Futures Open Interest Surpasses Bitcoin for the First Time Since December 2024According to Coinalyze data, aggregate open interest in altcoin perpetual futures has surpassed Bitcoin’s for the first time since December 2024. The market capitalization of altcoins outside the top 10 has risen above $200 billion, up more than 10% since the beginning of September. ZEC open interest reached a record $2.4 billion in early September, while its price crossing $1,000 triggered $34 million in short liquidations. Historically, similar shifts have preceded sharp corrections in mid-cap tokens.

      Source: Wu Blockchain
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud