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It looks like someone on Binance/OKX or possibly exchanges themselves are/were short 500k-1 million
BCH since $100. Every hundred dollars that BCH market price went up, the open interest on BCH increased by $100-$200m, and every move in the opposite direction the open interest decreased by the same.
#Binance200M #TopCoinsJune2024
BCH since $100. Every hundred dollars that BCH market price went up, the open interest on BCH increased by $100-$200m, and every move in the opposite direction the open interest decreased by the same.
#Binance200M #TopCoinsJune2024
