Bitcoin Derivatives Shakeout: Open Interest Posts Steepest Monthly Fall This Cycle - Pullback To Extend? | Bitcoinist.com

Bitcoin’s ongoing bearish price action is beginning to influence the direction of several key on-chain metrics as the pullback persists. With a robust downward trend in BTC’s price, the Open Intere...

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Bitcoin Derivatives Shakeout: Open Interest Posts Steepest Monthly Fall This Cycle - Pullback To Extend? | Bitcoinist.com

Source: Bitcoinist.com

Bitcoin’s ongoing bearish price action is beginning to influence the direction of several key on-chain metrics as the pullback persists. With a robust downward trend in BTC’s price, the Open Interest (OI) has now shifted toward a negative zone, reflecting the intensity of the current volatile phase. A Great Bitcoin Unwind As Open Interest Sinks […]