Bitcoin futures markets have experienced a significant deleveraging event, with over $5.4B in open interest closed yesterday.

in bitcoin •  last month 

446257FF-72AD-4C8F-8ED9-F0271CF0D1B5.jpeg

Total futures open interest declined from $22B to $16.6B in one day, a decline of 24.5%.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!