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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
  • Chance of Bitcoin price highs above $110K in May increasing — Here’s why
  • Is Bitcoin about to go parabolic? BTC price targets include $160K next
  • AI's GPU obsession blinds us to a cheaper, smarter solution
  • Why crypto’s next breakthrough could start in the classroom — Animoca’s Yat Siu
  • Institutional investors continue to scoop up Bitcoin above $100K
  • Senator Tim Scott slams partisan politics for failed stablecoin bill
  • TapSwap on Telegram: Is it legit or a scam?

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