Bitcoin Price Holds Steady While Leveraged Bets Face Liquidation Risk

The post Bitcoin Price Holds Steady While Leveraged Bets Face Liquidation Risk appeared first on Coinpedia Fintech News

Bitcoin’s prolonged sideways trading is punishing leveraged traders as rising futures positions continue to unwind during market pullbacks. Binance’s Bitcoin-denominated Open Interest climbed from 104,000 BTC to 130,000 BTC between late January and March, with a similar 53,000 BTC increase through early June despite limited price movement. Both periods were followed by sharp corrections that …