Fast Take
- Bitcoin misplaced its $30,000 assist this morning and is presently at $29,500.
- 5 days in the past, CryptoSlate analyzed that open curiosity jumped by the fifth largest quantity in at some point. This was a big driver in pushing the value over $30,000.
- Up to now 24 hours, over $100 million of liquidations have occurred in crypto, flushing out late longs.
- Roughly 375,000 BTC sit in open futures contracts, a lower of 25,000 BTC from the weekend.
The put up Bitcoin loses 30k assist, as futures open curiosity contracts unwind appeared first on CryptoSlate.
