Bitcoin futures accounts for $24 Billion of the $50 Billion+ total market open interest, creating high leverage that triggers mass liquidations during price dips.
These forced sales create a cascading effect, where automated liquidation triggers further price declines, erasing $3 Billion in value within minutes.
$BTC
These forced sales create a cascading effect, where automated liquidation triggers further price declines, erasing $3 Billion in value within minutes.
$BTC