Bitcoin open interest exceeds $40B amid brush near $70K
High open interest signals more leverage, which could induce another flush-out if positions are liquidated.
https://image.nostr.build/7065f68c0cc0ae4334acd519eb121ca391e49e0aae921c911c90f4758ecc13de.jpg
*Exchange BTC Futures Open Interest (USD). Source: Coinglass*
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Your post raises some important questions, and I'm interested in seeing how the conversation unfolds."