Bitcoin traders are large, but is this rally built on a fragile lever effect?

Main to remember Bitcoin’s open interest and financing rates remain high, signaling a bull’s lever positioning. The exchange entries increase while the MPI remains negative, suggesting mixed pressure. Bitcoin (BTC) The derivative market remains very active, because open interests hold nearly $ 42 billion and that funding rates remain positive, signaling a sustained appetite for … Continue reading Bitcoin traders are large, but is this rally built on a fragile lever effect?