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Glassnode: The BTC rally this time is different from late June, and traders tend to go long

2025-07-10 11:47

Odaily Planet Daily News: Glassnode analyzed in an article on X platform that after Bitcoin rose above $112000, bears were once again punished. However, this time BTC's rise seems different from the rebound in late June, when open interest (OI) sharply decreased, and in the latest round of rise, there has been an increase in open interest, and traders are leaning towards long positions.

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Today 2025-07-10

21:41

The total market value of cryptocurrencies is $3.64 trillion, with a 24-hour increase of 4.42%

The current total market value of cryptocurrencies is $3.64 trillion, with a 24-hour growth of $154.021 billion, an increase of 4.42%. Among them, Bitcoin accounts for 63.52% of the market value, while Ethereum accounts for 9.83% of the market value.

21:40

ETH breaks through the $2950 mark

OKX-ETH/USDT is currently trading at $2948.32, with a 5-minute increase of 0.29%. Please be aware of market fluctuations.

21:28

HTX BTC/USDT perpetual user short position explosion of 88.54 million US dollars, strong flat price of 116363.3 US dollars

21:24

ETH breaks through the $2900 mark

OKX-ETH/USDT is currently trading at $2911.94, with a 5-minute increase of 1.80%. Please be aware of market fluctuations.

21:23

ETH rises to a new high of $2887.25, reaching a three-month high

The price of Binance ETH/USDT has reached a new high in nearly three months, now trading at $2887.25, up 4.73% in 24 hours, with a turnover of $2.01 billion. After reaching a new high in price, there is a high probability of a price correction. (AiCoin Research Institute)