🚨 Bitcoin hits record high! Open Interest surpasses US$$ 60 billion! 🚨
The derivatives market is more leveraged than ever, with Bitcoin's aggregate Open Interest up 50% since 2021 and now representing 3.3% of market cap. This level of leverage has never been seen before and could lead to sharp moves and cascading liquidations.
📈 Major exchanges such as Binance, CME, Bybit and Bitget are leading this surge, while whales remain stable, waiting for the right moment to act.
💥 With so much leveraged capital, the market is more volatile and prone to big moves!
👉 Don't miss this detailed analysis with insights on the impact of leverage, whale activity and what to expect from the market!