📊 BTC Open Interest - Reality Check
Pre-crash peak (Oct '25): ~$45B
Post Oct-10 flush: -55% OI wiped
Current: $23.39B - still below peak
Claim going around: "OI broke above pre-crash level"
Reality: true only in coin terms, not USD
BTC price is ~half of prior peak, so same coin leverage = half the dollar risk.
Check the denomination before trusting the headline.
#BTC #OpenInterest
Pre-crash peak (Oct '25): ~$45B
Post Oct-10 flush: -55% OI wiped
Current: $23.39B - still below peak
Claim going around: "OI broke above pre-crash level"
Reality: true only in coin terms, not USD
BTC price is ~half of prior peak, so same coin leverage = half the dollar risk.
Check the denomination before trusting the headline.
#BTC #OpenInterest