Bitcoin leverage wiped clean: analyzing the 5th biggest week in liquidations YTD, its market implications

2023-4-28 11:00

Quick Take Bitcoin (BTC) Futures Open Interest (FOI) is the total amount of funds (USD Value) allocated in open futures contracts. Currently, 334,000 Bitcoin is allocated in FOI contracts, the lowest for one year — which is healthy. While the Estimated Leverage Ratio broke below 0.2 for only the fourth time in 2 years, leverage has been wiped. Crypto Margin makes up for only 70k Bitcoin (21%), the lowest recorded on Glassnode — which saw 30,000 Bitcoin liquated just this week. As a result, this week was the fifth biggest week in total liquidations to the long and short side. Open Interest: (Source: Glassnode) Leverage: (Source: Glassnode) Crypto Open Interest: (Source: Glassnode) Liquidations: (Source: Glassnode)

The post Bitcoin leverage wiped clean: analyzing the 5th biggest week in liquidations YTD, its market implications appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 95308.25 (-0.39%)
Объем 24H $66.134b
Изменеия 24h: -0.06 %, 7d: 3.22 %
Cегодня L: $93967.9 - H: $96238.42
Капитализация $1887.784b Rank 1
Цена в час новости $ 29223.75 (226.13%)

bitcoin market crypto foi leverage 334 health

bitcoin market → Результатов: 126


Bitcoin ‘Final Cycle Pump’ Puts Price As High As $200,000

Bitcoin (BTC) could be gearing up its last explosive rally of a four-year market cycle, which traditionally kicks off at the beginning of a halving event and culminates just before the next one. A crypto analyst has boldly predicted that the price of Bitcoin could surge to $200,000 and above, marking new All-Time Highs (ATHs) and the peak of the long-awaited bull market.

2024-9-23 03:01