
Bitcoin Open Interest Plunges $55B in 30 Days
The derivatives market is undergoing a historic contraction following confirmation that Bitcoin open interest plummeted by $55 billion over the last 30 days. Data from CryptoQuant

The derivatives market is undergoing a historic contraction following confirmation that Bitcoin open interest plummeted by $55 billion over the last 30 days. Data from CryptoQuant

TLDR The digital asset market is closing the year under unusual pressure. Transaction volume decreased significantly, but in December, crypto Open Interest recorded an increase of
TL;DR Bitcoin trades near $85,000 in a tight range while multiple indicators point to rising distribution pressure beneath the surface. On-chain data shows long-term holders increasing

TL;DR XRP open interest falls to its lowest in one year. Most trading liquidity has now moved to Binance. Negative funding rates signal potential further price
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