$BTC Derivatives Traders Turn Sharply
Sell-Side as CVD Drops 54% While Ol Falls
Just 4%
Bitcoin derivatives traders on Binance
showed a sharp shift toward aggressive
selling, with Net Taker Volume falling to -
$440 million following the release of the
U.S. August PPl data.
The broader change in trader behavior is
even clearer in Cumulative Net Taker
Volume.
CVD fell from $5.77 billion on August 21 to
$2.67 billion today, a decline of roughly $3.1
billion, or 54%.
#USToSanctionBigBankMonday #CPIWatch #BitcoinGoldenCrossConfirms #US10YTreasuryYieldHitsHighestSinceOct2023