Summary
- Bitcoin (BTC) perpetual futures open interest was reported to have decreased.
- Glassnode said the Bitcoin price decline was accompanied by the open interest decreasing from $44.8 billion to $42.8 billion.
- They said this decrease means the market's speculative forces are disappearing.
Bitcoin (BTC) perpetual futures open interest has decreased.
On the 23rd (local time), Glassnode said via X (formerly Twitter) "As Bitcoin's price fell, open interest decreased from $44.8 billion to $42.8 billion," and said "this means speculative forces in the market are disappearing."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
