The #BTC OI (Open Interest) weighted spot premium has hit its deepest level since the #FTX crash.
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This significant difference between the BTC spot and futures markets, with spot prices higher, signals strong accumulation.
đĄ Why is this bullish?
- This premium is a positive indicator, suggesting that big players are buying up Bitcoin.
- Rumor has it that Saylor and other institutions might be behind this, possibly with a $2 billion #Bitcoin purchase.
âł What to Watch For:
- These signals often take months to fully materialize, but when they do, the market could go parabolic. đ
