Binance has seen a significant increase in open interest for Dogecoin (DOGE) contracts, with a rise of nearly $100 million over the past five days. Since the afternoon of April 23, the open interest on Binance contracts surged from 2.31 billion DOGE to a peak of 3.23 billion DOGE, marking an increase of 920 million DOGE, or approximately 39.8%. Despite this substantial rise in open interest, the price of DOGE only increased by a maximum of 5% during the same period, indicating a potential mismatch between open interest growth and price movement.