Open Interest in FTT Futures Doubles as Binance Moves to Liquidate FTX Token Holdings

2022-11-7 09:43

Open interest has doubled to $203 million, with bearish bets in demand, as Binance's entry into the FTX-Alameda drama has caused panic among investors.

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binance open interest entry bets demand ftx-alameda

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This Binance Orderbook Occurrence Heavy Favors Bitcoin Longs; Here’s Why

The recent volatility seen within the crypto market has led to widespread liquidations amongst Bitcoin traders This has caused the open interest seen across most major exchanges to plummet, with the slow recovery being a sign that many of these traders are now moving to the sidelines One interesting occurrence seen while looking towards the Binance spot orderbook points to aggressive buying amongst active investors.

2020-5-12 02:00