Bitcoin fluctuates between $80,000 and $90,000, creating a 'liquidation treadmill' for derivatives. This week, $794 million long positions were liquidated near $87,800, with high activity around $80,000. Perpetual contracts account for 68% of BTC trading volume. Pay attention to funding rates, open interest, and liquidation data. #Bitcoin
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin fluctuates between $80,000 and $90,000, creating a 'liquidation treadmill' for derivatives. This week, $794 million long positions were liquidated near $87,800, with high activity around $80,000. Perpetual contracts account for 68% of BTC trading volume. Pay attention to funding rates, open interest, and liquidation data. #Bitcoin