đ„ The $648M Squeeze: Why Funding Rates Matter Right Now đ
If you are trading futures right now, you cannot ignore Open Interest (OI).
We recently saw a massive short squeeze wipe out $648 MILLION in over-leveraged short positions across the market. But here is the critical data point: Post-squeeze, Open Interest across the market quickly climbed back up by over 7.5% (hitting roughly $156 billion).
When OI climbs while prices consolidate (like $BTC around $81,000), it means heavy new leverage is entering the system. If funding rates flip heavily positive here, longs will be the next ones to pay the price.
đĄ Pro Tip: Don't just trade the chart pattern. Trade the liquidity map. Where do you think the next liquidation wipeout happensânorth or south? #CryptoTrading #Derivatives #liquidation #TradingTips #Bitcoin
If you are trading futures right now, you cannot ignore Open Interest (OI).
We recently saw a massive short squeeze wipe out $648 MILLION in over-leveraged short positions across the market. But here is the critical data point: Post-squeeze, Open Interest across the market quickly climbed back up by over 7.5% (hitting roughly $156 billion).
When OI climbs while prices consolidate (like $BTC around $81,000), it means heavy new leverage is entering the system. If funding rates flip heavily positive here, longs will be the next ones to pay the price.
đĄ Pro Tip: Don't just trade the chart pattern. Trade the liquidity map. Where do you think the next liquidation wipeout happensânorth or south? #CryptoTrading #Derivatives #liquidation #TradingTips #Bitcoin