Golden Finance reported that Glassnode released data on the X platform saying that the futures market confirmed strong speculative activities. Futures open interest surged to $50.6 billion on Dec. 8, with trading volume reaching $67 billion. The surge highlights traders’ interest in betting on volatility and momentum following BTC’s recent gains. Additionally, the options market is showing signs of recalibrating as BTC breaks $100,000. Options open interest (OI) rebounded to $37.3 billion as of December 8 from $33.5 billion a week earlier, signaling a resumption of hedging activity. However, that's still down from November's peak of $45.4 billion.