Bitcoin price below $10,000 caused open interest to fall $653 million, the largest since March
The open interest of Bitcoin futures (BTC) has just had its most extensive daily reduction in the last five months. Yesterday’s 11% drop caused more settlements than on May 9th, when BTC plunged 12.5% to USD 8,600. Skew’s data shows us that total open interest decreased by $653 million, reaching $4 billion on September 3. […]
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