Altcoins have officially flipped Bitcoin in open interest for the first time since December 2024. That’s a notable shift in derivatives positioning. Coinalyze data shows combined open interest in altcoin perpetual futures has now moved above Bitcoin’s, suggesting traders are taking significantly more leveraged exposure outside BTC. The timing is interesting. Bitcoin has recently pushed back toward the $80K area, while altcoin market activity has accelerated and several major alts have started attracting more speculative capital. #BTC Price Analysis# #Altcoin Season# $BTC $ETH