Bitcoin Futures See Leverage Flush as Funding Turns Negative

TLDR Bitcoin Futures Open Interest 7-day change dropped to approximately -3% by April 13. The metric crossed into negative territory on April 12, signaling deleveraging. The 7-day SMA funding rate shifted from 0.33% to -0.17%. U.S. spot Bitcoin ETFs recorded over $816 million in weekly inflows. Strategy Inc. purchased 13,927 BTC, raising holdings to 780,897 [...]

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