A Bitcoin Short Squeeze for the Ages as Futures Open Interest Collapses

A bitcoin short squeeze for the ages as futures open interest collapses

Bitcoin Open Interest Collapses to 12%. Is the Short Squeeze Over?

Crypto-margined Bitcoin futures have collapsed from near-total dominance to about 12%. But leveraged traders are still placing big bets.

Bitcoin Open Interest Drops 11% In BTC Terms As Rally Turns Spot-Driven

BitcoinWorld Bitcoin Open Interest Drops 11% in BTC Terms as Rally Turns Spot-Driven Bitcoin’s open interest has declined notably in BTC terms even as the cryptocurrency’s price rallied, signaling a shift toward spot-driven buying and reduced leverage in the market, according to data from analytics firm Santiment. What the Data Shows Between Aug. 12 and Aug. 18, Bitcoin’s price climbed from $63,500 to $77,700. During the same period, open inter…

CoinStats - Bitcoin Open Interest Drops 11% in BTC Terms ...

BitcoinWorld Bitcoin Open Interest Drops 11% in BTC Terms as Rally Turns Spot-Driven Bitcoin’s open interest has declined notably in BTC terms even as the cryptocurrency’s price rallied, signaling a shift toward spot-driven buying and reduced leverage in the market, according to data from analytics firm Santiment. What the Data Shows Between Aug. 12 and Aug. 18, Bitcoin’s price climbed from $63,500 to $77,700. During the same period, open intere…