CryptoCointelegraphabout 4 hours ago
Bitcoin rebound faces $162M bid liquidity risk
1 min read
Bitcoin rallied toward $64,000 but futures open interest fell to 255,000 BTC from 282,000 BTC during the selloff. Traders placed $162 million in buy orders between $57,000 and $59,000, forming a large liquidity cluster below current pricing that could pull BTC lower.
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