Fast Take
- Bitcoin (BTC) Futures Open Curiosity (FOI) is the full quantity of funds (USD Worth) allotted in open futures contracts.
- Presently, 334,000 Bitcoin is allotted in FOI contracts, the bottom for one yr — which is wholesome.
- Whereas the Estimated Leverage Ratio broke beneath 0.2 for less than the fourth time in 2 years, leverage has been wiped.
- Crypto Margin makes up for less than 70k Bitcoin (21%), the bottom recorded on Glassnode — which noticed 30,000 Bitcoin liquated simply this week.
- In consequence, this week was the fifth largest week in complete liquidations to the lengthy and brief facet.
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