CryptoCointelegraphabout 1 hour ago
Bitcoin Longs Face Cleanout as Binance OI Falls
1 min read
Bitcoin long positions face liquidation as Binance open interest fell alongside price, with correlation at 0.25. CryptoQuant analyst BorisD says leveraged longs are being flushed out. Total 24-hour cross-crypto liquidations hit $236 million. CryptoQuant CEO Ki Young Ju says bull market conditions haven't emerged.
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