$BTC Update Weekly



Bitcoin Open Interest Delta (365-day) just recorded the second largest decline in history on a USD basis.

However, when measured in coins across 30 exchanges, the delta remains positive.

This suggests OI is still elevated relative to current prices — setting the stage for potential massive liquidations on the next strong move.

#PredictWorldCup🇳🇴vs🏴󠁧󠁢󠁥󠁮󠁧󠁿
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My_Power
· 2h ago
LFG 🔥
Reply0
My_Power
· 2h ago
To The Moon 🌕
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ColdStartUnderTheAurora
· 3h ago
OI denominated in USD vs coins tells two different stories, classic case of why you always check both metrics before making a leveraged bet.
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PunkRiskMgr
· 4h ago
OI increased relative to price = the liquidity landmines haven’t been fully defused yet, and a squeeze-killing script for both longs and shorts is already booked.
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MirrorBallReflection
· 4h ago
A 365-day cycle ranks second in history, but what about a 30-day cycle? It feels like the main players are playing a game of trading time for space.
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BlueberryStakingMachine
· 4h ago
This data is kind of interesting—the dollar fell, but the coin didn’t. That suggests the leverage multiple is actually rising passively. The next round of volatility could be off the charts.
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EchoesOfMistValley
· 4h ago
The second-largest OI in history, denominated in dollars, has fallen sharply, but the position in coin terms is still positive. What does that mean? It means the shorts haven’t fully cleared the trapped chips at high levels yet, and they’re waiting for a violent spike.
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