According to Coinalyze data, the total open interest for altcoin perpetual contracts has surpassed Bitcoin for the first time since December 2024. The total market cap of altcoins outside the top 10 has risen above $200 billion, up more than 10% since early September, while Bitcoin's price remains above $80,000. In early September, ZEC's open interest surged to a record $2.4 billion, triggering $34 million in short liquidations when its price broke above $1,000. Historical data shows that when open interest accounts for approximately 4.42% of total market cap, the market is more prone to increased volatility and cascading liquidations. Following a similar crossover in December 2024, multiple mid-cap tokens experienced significant pullbacks, while Bitcoin remained relatively stable. (Cryptobriefing) https://(wublock123.com)/news/altcoin-perpetual-open-interest-surpasses-bitcoin-67928