Bitcoin Open Interest Falls 17% as Binance Liquidations Hit Highest Levels Since 2021

TLDR: Bitcoin open interest on Binance fell 17% from $10.6B to $8.8B in under a month. Binance recorded its highest monthly liquidation totals since 2021 over the past three months. November liquidations have already exceeded $520M, following August’s $1.4B record. Bitcoin faces resistance at $76,400, while $72,700 remains a critical nearby support level. Bitcoin is [...]

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