Darkfost, an analyst at the on-chain cryptocurrency analysis firm CryptoQuant, noted on the 12th that the open interest in Bitcoin (BTC) on Binance decreased by 17%, from $10.6 billion to $8.8 billion in less than a month. During the same period, the 180-day moving average rose from $8.4 billion to $8.6 billion, indicating that the open interest has fallen below the average line, suggesting a new...
