The Block

CryptoQuant: Bitcoin, Ether Rally Fueled by New Perpetual Futures Longs

Open interest in BTC and ETH perpetual futures surged by over $2 billion each within 24 hours following the U.S.-Iran ceasefire announcement. This indicates a significant influx of new long positions driving the recent rally in these cryptocurrencies.

Read the full article on The Block

Opens in a new tab. Cointrackx tracks this click for statistics.

Partner

Sponsored • Award Winner

Finst named Best Crypto Platform 2025

Awarded the IEX Golden Bull for security, costs, and selection.

Free €20,- Bitcoin

Related news

CoinDesk

Crypto for Advisors: Wall Street is done waiting on Congress for crypto rules

Coingape

Lido Launches ETH Staking Across Four Layer-2 Networks Using Chainlink CCIP

Coinpaper

Bitcoin Price Prediction: BTC Could Surge 117% to $175,000, Says Siebert Analyst