Bitcoin was trading at about $86,379 on Wednesday, up 1.3% over 24 hours after a breakout on Monday. Daily trading volume fell 36% to $38 billion, while crypto futures volume declined 21% to $227 billion. Open interest, the value of outstanding derivatives contracts, edged up 1% to $159.4 billion, and active-seller trading rose to 51%. The CoinDesk 100 gained 0.67%, although 38 of its constituent assets fell during the day, indicating that the recent advance had narrowed. Binance’s USDT-margined lending rate climbed to 5.49%, near a multi-month high. Bitcoin open interest was broadly unchanged at about 710,000 BTC, while the whale long-short ratio declined, pointing more toward position reduction than a broad shift to short positioning.