🩸Bitcoin is experiencing the largest leveraged decline in its history.
The open interest has now dropped to only half of its all-time high in October. That represents a -50% decrease in less than four months. Across all trading platforms, open interest continues to decline—signaling a retreat by institutional investors and traders closing their positions out of fear of liquidation.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
🩸Bitcoin is experiencing the largest leveraged decline in its history.
The open interest has now dropped to only half of its all-time high in October. That represents a -50% decrease in less than four months. Across all trading platforms, open interest continues to decline—signaling a retreat by institutional investors and traders closing their positions out of fear of liquidation.
———————————
$BTC $ETH