[ad_1]
Fast Take
Bitcoin (BTC) Futures Open Curiosity (FOI) is the full quantity of funds (USD Worth) allotted in open futures contracts.
Presently, 334,000 Bitcoin is allotted in FOI contracts, the bottom for one yr — which is wholesome.
Whereas the Estimated Leverage Ratio broke beneath 0.2 for less than the fourth time in 2 years, leverage has been wiped.
Crypto Margin makes up for less than 70k Bitcoin (21%), the bottom recorded on Glassnode — which noticed 30,000 Bitcoin liquated simply this week.
In consequence, this week was the fifth largest week in whole liquidations to the lengthy and brief aspect.
The submit Bitcoin leverage cleaned: analyzing the fifth largest week in liquidations YTD, its market implications appeared first on CryptoSlate.
[ad_2]
Source link
