Bitcoin Open Interest Drops 6–15% on Binance, Deribit and Gate.io
- —Binance open interest fell 6% over 30 days
- —Deribit and Gate.io each saw open interest drop 15%
- —The 30-day structure mirrors local tops in January and May 2026
- —Those setups preceded Bitcoin pullbacks of roughly $10,000
Why it matters: Open interest contraction near prior local tops signals distribution and raises the risk of a repeat $10,000 Bitcoin pullback.
Source: Blockonomi