Glassnode: This BTC rally is different from the one in late June, as traders tend to go long

Odaily News Glassnode published an analysis on the X platform, pointing out that after Bitcoin rose above $112,000, the shorts were punished again, but this time the BTC rise seemed different from the rebound in late June, when the open interest (OI) fell sharply, while the open interest increased in the latest round of rise, and traders are tending to go long.