Over the last 15 days, open interest in the altcoin futures market (excluding #BTC and #ETH ) has decreased by 20 billion dollars. This figure has actually returned to levels seen before the elections, noted renowned trader 0xKyle:
"This is madness. Cryptocurrencies truly represent the most exciting community on Earth."
The total open interest for bitcoin futures has decreased by 12% from its peak, while for ethereum it has decreased by 20%.