OI rises to $100M as animal spirits return

Market_sentiment: The phrase "animal spirits are back" is commonly used in finance to describe a resurgence of speculative enthusiasm and risk appetite among traders, often after a period of subdued activity or caution. Open_interest_context: In derivatives and futures markets, "OI" typically refers to open interest, and commentary about open interest rising is usually associated with growing participation and conviction in ongoing trends. Crypto_and_risk_assets: Recent commentary across financial media has used the "animal spirits" metaphor to describe renewed speculative behavior in risk assets such as equities and cryptocurrencies, reflecting a broader environment of increased trading activity and momentum-driven strategies.