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Bitcoin futures 'deleveraging' wipes $10B open interest in 2 weeks

cryptoweekly by cryptoweekly
March 19, 2025
in bitcoin, News
0

Bitcoin futures open interest takes a dive into what new research says is a necessary “reset,” which will allow the bull market to return at a later date.

Bitcoin (BTC) exchanges are getting a key “deleveraging event,” which should shape future gains, new research says.

In one of its “Quicktake” blog posts on March 17, onchain analytics platform CryptoQuant revealed a $10 billion capitulation on Bitcoin futures markets.

Bitcoin derivatives traders have flipped firmly risk-off since BTC/USD hit its current all-time highs in mid-January.

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Recent Posts
  • Bitcoin price rallied 80% the last time BTC funding rates flipped red
  • MiCA enforcement still fragmented across EU, says Bitpanda exec
  • Pakistan Bitcoin mining plan in limbo as IMF rejects power subsidies: Report
  • Bitcoin dices with $110K as US jobs beat takes Fed rate cut 'off table'
  • John Smedley’s studio raises $30.5M for new shooter built on Etherlink
  • Why can’t Bitcoin price break $112K all-time highs? BTC analysts explain
  • ChatGPT vs X: Which is better at first spotting the next big crypto narrative?

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