CryptoDecryptabout 2 hours ago
Bitcoin Open Interest Collapses to 12%
1 min read
Crypto-margined Bitcoin futures now make up about 12% of open interest, down from nearly 100% around 2019-2020. Bitcoin rebounded from around $57,000 to a weekly close near $79,175, up about 1.88% today. Leveraged traders are still placing big bets.
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