🔴 #Bitcoin Open Interest continues to go up while price is going nowhere. Up almost $300M already

9 months ago

🔴 #Bitcoin Open Interest continues to go up while price is going nowhere. Up almost $300M already.

Pretty sure that this will end up with a relatively big ($500+) move at some point when one side gets ran over. To squeeze out positions.

Seems pretty mixed between longs & shorts.

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