Chiliz (CHZ), the crypto powering fan engagement in sports and entertainment, is on fire, erupting 45% in the past week and leaving both fans and analysts cheering. This meteoric rise isn’t just about passion play though, with hard data pointing to growing institutional interest and even whale whispers driving the rally. Related Reading: Bitcoin Backs Down: Ethereum Steals The Spotlight With Surge In Market Dominance CHZ price action today: Source: Coingecko Chiliz Volume, Open Interest Soar The past 24 hours have been particularly wild, with CHZ surging over 20% and trading volume spiking a staggering 490%. This translates to a whopping $370 million worth of Chiliz changing hands, a clear signal of heightened activity. But it’s not just day traders jumping in – open interest, a measure of investor commitment, has also ballooned by 86%, reaching a healthy $50 million. Source: Coinglass This surge in open interest, especially on major exchanges like Binance, Bybit, and OKX, suggests a growing conviction in CHZ’s potential. And it’s not just a hunch – industry experts are taking notice. Many see this Chiliz rally as a potenti ..
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