Bitcoin futures ‘deleveraging’ wipes $10B open interest in 2 weeks

Trusted editorial Content, reviewed by industry leading experts and experienced editors.Ad Disclosure A leading cryptographic analyst said Bitcoin went through a significant event in recent months, as the open interest of the currency plummeted by almost 20%, eliminating about $12 billion. [...] The entry The analyst explains why it had to happen was first published in La Cryptocurrency.

Bitcoin futures ‘deleveraging’ wipes $10B open interest in 2 weeks

Bitcoin futures open interest takes a dive into what new research says is a necessary "reset," which will allow the bull market to return at a later date. Bitcoin (BTC) exchanges are getting a key “deleveraging event,” which should shape future gains, new research says.In one of its “Quicktake” blog posts on March 17, onchain…

Bitcoin Futures 'Deleveraging' Results In $10 Billion Drop In Open Interest Over Two Weeks

New research indicates that Bitcoin (BTC) exchanges are undergoing a significant “deleveraging event,” which may influence future price movements. In a “Quicktake” blog post dated March 17, the onchain analytics platform CryptoQuant reported a $10 billion capitulation within Bitcoin futures markets. An “Essential” Moment for Bitcoin Price Recovery Since BTC/USD reached its all-time highs in mid-January, Bitcoin derivatives traders have adopted a…

Bitcoin Market is Deleveraging – Here's What it Means for Investors

The Bitcoin market has been down for two months, with selling pressure from investors keeping prices supressed. While this represents a bearish trend for the leading crypto network, there may be a silver lining after all. A tweet from the market intelligence platform CryptoQuant revealed that the Bitcoin market is deleveraging. Historically, such events have presented good and profitable opportunities for traders in the short and medium terms. S…

Bitcoin (BTC) Price: $12 Billion Open Interest Reduction Signals Market Reset

TLDR Bitcoin experienced a major open interest wipeout of nearly $12 billion, dropping from $61.42 billion to $49.71 billion This 19% reduction in open interest is viewed by analysts as a healthy market reset necessary for bullish continuation Historical patterns suggest similar deleveraging events have created good short to medium-term opportunities The OI drop coincided with price volatility triggered by uncertainty over Trump’s tariffs and U…

TLDR Bitcoin has experienced a major erasure of open interest of nearly $12 billion, rising from $61.42 billion to $49.71 billion This 19% reduction in open interest is considered by analysts as a resetting of the healthy market necessary for the pursuit of bullishing Historical models suggest [...] L的 article 12 billion dollars Signals of reduction of open interest Reset has appeared first on The Crypto Currency.