Cryptocurrencies: 5,995
Markets: 542
Marketcap: $ 414.09 B
24h Vol: $ 51.93 B
BTC Dominance: 61.21%

Global market data

Cryptocurrencies: 5,995
Markets: 542
Marketcap: $ 414.09 B
24h Vol: $ 51.93 B
BTC Dominance: 61.21%

[AMBCrypto] [30649] Bitmex’s recent Bitcoin OI is a clear signal to the market

AMBCrypto

Bitcoin’s price was rallying before CFTC charges hit BitMEX, and immediately after, retail traders started scaling back positions on BitMEX. Open interest in XBTUSD perpetual contracts on BitMEX dropped to 55000 BTC.  The funding rate dropped below -0.05% in the first week of October in response to the CFTC charges, however, the recovery is nowhere […]

The post Bitmex’s recent Bitcoin OI is a clear signal to the market appeared first on AMBCrypto.

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