Spot volume delta for $BTC has only recovered to levels seen when Bitcoin was around $63K a few weeks ago.
Meanwhile, perp volume delta is already above the levels recorded when BTC was trading near $83K.
That’s a pretty notable divergence between spot and derivatives activity.
Meanwhile, perp volume delta is already above the levels recorded when BTC was trading near $83K.
That’s a pretty notable divergence between spot and derivatives activity.