🐋 Funding perspective: If BTC breaks above $85,611, cumulative short liquidation pressure on major CEXs will reach $1.597 billion.
Intuitively, that doesn't look great, but the impact depends on how heavy the subsequent selling pressure is. Futures open interest and spot buying should be assessed separately: rallies driven by spot buying are more stable.
$BTC (24h -1.05%), trading volume: 1.172 billion.
Data is from public sources; please verify it independently.
Intuitively, that doesn't look great, but the impact depends on how heavy the subsequent selling pressure is. Futures open interest and spot buying should be assessed separately: rallies driven by spot buying are more stable.
$BTC (24h -1.05%), trading volume: 1.172 billion.
Data is from public sources; please verify it independently.