$BTC Futures open interest has remained elevated, with recent reporting putting it around $36.4B. High positioning means a sharp move can trigger rapid liquidations in either direction.
The interesting signal:
Price + Open Interest + Funding Rate should be watched together.
#HKMAPlansWholesaleCBDCByYearEnd #NEARSurges26%Past$3.45 #BOJHikesRatesTo31YearHigh #EvernorthRaises$30MToBuyXRP
The interesting signal:
Price + Open Interest + Funding Rate should be watched together.
#HKMAPlansWholesaleCBDCByYearEnd #NEARSurges26%Past$3.45 #BOJHikesRatesTo31YearHigh #EvernorthRaises$30MToBuyXRP
