quick shot
- Rapid changes in FOI can affect liquidations and deleveraging events, which can have a knock-on effect on the price going up or down.
- FOI’s 1-day turnaround shows the fifth largest turnaround in the past year to the upside, resulting in a significant selloff cascade of over $170 million.
- While the estimated leverage ratio increased to 0.24 from 0.21, which is the open interest ratio on futures contracts and the corresponding exchange balance.
- While we may see a growing dominance of perpetual contracts as the instrument of choice, both OI dominance and volume are increasing significantly.
The charge Bitcoin OI jumped 5th largest amount in one day, pushed price over $30K first appeared in CryptoSlate.
