Very good~ This morning's pullback cleared $900 million of BTC futures total open interest from highs in one go. It seems that the bulls are really fat!
The price fell by less than $2,000, and the open interest fell by nearly $1 billion. On average, for every $1 drop, there was a $500,000 futures liquidation. This number was about $400,000 when the price plummeted on August 5;
