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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
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📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
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Event ends: August 9, 16:00 UTC
More details: https://www
CoinVoice has recently learned that, according to CoinDesk, despite the slowdown in spot price increases, the open interest (OI) in the futures market for XRP and Dogecoin (DOGE) has significantly grown over the past week, indicating a rise in market speculative sentiment.
According to data from on-chain analytics company Glassnode, DOGE futures open interest increased from $989 million to $1.62 billion, a rise of 63.9%; XRP futures open interest grew by 41.6%.
Analysis indicates that the divergence between futures positions and price trends may increase the risk of severe market fluctuations and forced liquidations, and investors should be alert to potential market corrections.