Binance still king of $BTC open interest — sitting at 132K BTC ($10.97B), which is 20.82% of the entire market.
That's where the big money's positioned. When Binance OI moves hard in one direction, the whole market usually follows. Watch for sudden spikes or drops here — they telegraph the next liquidation cascade.
If you're trading the squeeze, you're watching Binance OI like a hawk. When it climbs fast with price going sideways, that's your loaded spring. When it drops hard during a pump, that's your fuel running out.
That's where the big money's positioned. When Binance OI moves hard in one direction, the whole market usually follows. Watch for sudden spikes or drops here — they telegraph the next liquidation cascade.
If you're trading the squeeze, you're watching Binance OI like a hawk. When it climbs fast with price going sideways, that's your loaded spring. When it drops hard during a pump, that's your fuel running out.