Crypto
Bitcoin’s Open Interest Drops as $23k Breached: $1.6B Shorts Liquidated in 2 Weeks
Bitcoin open interest has dropped more than 25% so far this year.
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
Bitcoin open interest spiked to $20.43 billion on Tuesday as investors brace for the SEC's decision on spot Bitcoin ETFs.
Bitcoin open interest has dropped more than 25% so far this year.
The record open interest suggests Bitcoin is ready for a breakout, but the direction is not clear due to near-neutral rates.
Ethereum options open interest hit a new all-time high of $8 billion after the blockchain's key developers suggested that the long-awaited Merge could happen as soon…
On-chain data indicates that some traders might be shorting USDT, expecting its reserves to not hold up against the bear market.
If the stock market goes down, and inflation keeps eating away at USD, will BTC be the biggest beneficiary?