All
Contribute!
BlockchainCrypto MarketCryptocurrency

Bitcoin leverage wiped clean: analyzing the 5th biggest week in liquidations YTD, its market implications

CoinSurges
By CoinSurges

Share This Post

Quick Take

  • Bitcoin (BTC) Futures Open Interest (FOI) is the total amount of funds (USD Value) allocated in open futures contracts.
  • Currently, 334,000 Bitcoin is allocated in FOI contracts, the lowest for one year — which is healthy.
  • While the Estimated Leverage Ratio broke below 0.2 for only the fourth time in 2 years, leverage has been wiped.
  • Crypto Margin makes up for only 70k Bitcoin (21%), the lowest recorded on Glassnode — which saw 30,000 Bitcoin liquated just this week.
  • As a result, this week was the fifth biggest week in total liquidations to the long and short side.
Open Interest: (Source: Glassnode)
Open Interest: (Source: Glassnode)
Leverage: (Source: Glassnode)
Leverage: (Source: Glassnode)
Crypto Open Interest: (Source: Glassnode)
Crypto Open Interest: (Source: Glassnode)
Liquidations: (Source: Glassnode)
Liquidations: (Source: Glassnode)

The post Bitcoin leverage wiped clean: analyzing the 5th biggest week in liquidations YTD, its market implications appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Crypto․com Acquires Fintek Securities, To Offer Equity Trading In Australia!

The post Crypto․com Acquires Fintek Securities, To Offer Equity Trading In Australia! appeared first on Coinpedia Fintech News On Monday, Vakul Talwar, the General Manager of Crypto․com’s

Shiba Inu Burn Rate Soars 6,200% Today, Over 290k Tokens Destroyed!

The post Shiba Inu Burn Rate Soars 6,200% Today, Over 290k Tokens Destroyed! appeared first on Coinpedia Fintech News The Shiba Inu burn rate witnessed a massive 6200% surge today Notably, this has

Floki Price To Smash a New ATH With A 33% Surge This Week?

The post Floki Price To Smash a New ATH With A 33% Surge This Week appeared first on Coinpedia Fintech News With the speculations of Floki memecoin being listed on Coinbase, one of the major

Andrew Tate’s Bold Claim: Why Bitcoin Outshines Gold and Real Estate

The post Andrew Tate’s Bold Claim: Why Bitcoin Outshines Gold and Real Estate appeared first on Coinpedia Fintech News Andrew Tate, a former kickboxing champion turned social media influencer, has

Financial ‘Indiana Jones’: The Massive Bitcoin Rally Has Not Even Started

Sean Brodrick, also known as the ‘Indiana Jones’ of natural resources, believes that even with the latest price hikes, bitcoin still has room for growth Brodrick stated that in 2025,

BONK Price Today: Can It Catch Up to DOGE, SHIB, and PEPE?

The post BONK Price Today: Can It Catch Up to DOGE, SHIB, and PEPE appeared first on Coinpedia Fintech News The meme coins market has seen a growth of nearly 31% in the last 24-hours Among the top
Previous article
Report: Hackers Breach AT&T Email Accounts, Steal Victims’ Crypto Funds
Next article
Bitcoin Price Climbs To $29,400 – Is $30,000 Coming Today?

Categories:

Hot right now:

Company:

Follow on:

Crypto Coin Live Stats

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.