Bitcoin open interest just hit an all-time high. Higher than the peak before the ATH at $126K last year. BTC is at $82K. Something is building here.

Bitcoin's open interest has reached an all-time high, surpassing the peak before its previous all-time high of $126K last year, with the current price at $82K. This suggests a potential buildup in the market. Bitcoin's open interest is a key indicator of market sentiment and activity.