Bitcoin and Ethereum Derivatives See $1.7B Binance Open Interest Reset
TLDR: BTC open interest on Binance swung nearly $878M, from +$258M to -$620M within 24 hours. ETH Binance open interest dropped $821M, falling from +$131M to -$690M in under 48 hours. Bybit and Deribit also posted negative OI changes, confirming a broad cross-venue deleveraging. BlackRock’s IBIT and ETHA led spot ETF inflows even as derivatives […]
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