Litecoin futures see impressive 22% growth with open interest exceeding $420 million, potentially fueled by factors such as the upcoming halving event and surge of tokens being minted on the network.
Litecoin ($LTC) futures derivative contracts have seen an open interest exceeding $420 Million, marking an impressive 22 percent growth since the beginning of the year. Growing appetite for Litecoin could be influenced by plenty of factors.
Reports by data from Coin Glass, 1st informed by The Block, open interest in Litecoin futures has grown to the highest level seen since the beginning of a year ago. Open interest refers to the number of outstanding derivatives contracts
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