Bitcoin Open Interest Falls $3B as BTC Deleveraging Exposes Fragile Market Structure

TLDR: Bitcoin Open Interest fell from $27B to $24B, reflecting broad long position closures across the derivatives market.  Funding rates stayed slightly positive, confirming shorts are not leading BTC’s current price correction phase.  One-hour heatmap data showed no major liquidity zones, pointing to capital outflows rather than liquidity hunting moves.  Analyst Carmelo Alemán noted BTC’s [...]

The post Bitcoin Open Interest Falls $3B as BTC Deleveraging Exposes Fragile Market Structure appeared first on Blockonomi.