Bitcoin faces mounting bearish pressure in the derivatives market while simultaneously showing signs of a potential reversal, creating a high-stakes standoff between opposing market forces. Open interest for Bitcoin futures contracts has surged to an unprecedented $44.68 billion, signalling intense… Read More »Bitcoin Futures Market Reveals Tension Between Bearish Bets and Rebound Potential
CryptoQuant analyst AXEL has reported a significant shift in the Bitcoin futures market, with net open interest descending into deep negative territory as it crosses the $115,000 threshold. This development signals a notable change in derivatives market positioning dynamics. The… Read More »Bitcoin Futures Net Open Interest Plunges to -$115K Amid Counteractive Buying Pressure
Bitcoin futures open interest reached 67,917 BTC this week, totaling approximately $7.36 billion in cumulative value. The Chicago Mercantile Exchange (CME) commands the largest market share with open interest holdings of 15,118 BTC, equivalent to $1.64 billion. This positions CME… Read More »CME Dominates Bitcoin Futures Market with $1.64 Billion Lead in Open Interest
Cryptocurrency trader AguilaTrades has reinitiated a 20x leveraged long position in Bitcoin futures valued at approximately $137 million. This move follows a previous loss of $34.18 million incurred across four separate Bitcoin futures contracts. The new position currently shows an… Read More »Trader AguilaTrades Reopens $137M Bitcoin Futures Position After $34M Loss