📉 Bitcoin market depth reached a record $600 million, coinciding with Bitcoin's recent all-time high. Experts noted that there are traders trying to make a profit on the reoccurrence of the historical maximum.
- On March 4, open interest in Bitcoin (BTC) perpetual contracts reached $15 billion, approaching a multi-year peak.
- Still, on-chain analysis showed a relatively slow increase in new Bitcoin millionaires.
- Today Bitcoin tested the $73,000 level but fell below $72,000.
In the last 24 hours, the liquidation volume in futures contracts exceeded 233 million dollars.