Bitcoin hits the $85,000 mark as the short-squeeze forces positions betting on a price drop worth $648 million to close
Open interest rises 7.59% to $15.6 billion even after the positions are closed, indicating traders are following the upward momentum instead of stepping back.
Source: CoinDesk
🌍 Update by GemCrypto
$BTC
#Bitcoin #Crypto
Open interest rises 7.59% to $15.6 billion even after the positions are closed, indicating traders are following the upward momentum instead of stepping back.
Source: CoinDesk
🌍 Update by GemCrypto
$BTC
#Bitcoin #Crypto
