
Bitcoin open interest jumps 8% to $27.12B, raising liquidation risk
- —BTC futures open interest climbed 8.04% to $27.12 billion in 24 hours
- —BTC trades below $82,000 as the rebound leans on leverage, not spot demand
- —Bitcoin's share of total OI fell to 42.6%, altcoins hold 57.4%
- —Funding rates steady near +0.004%, showing no broad long crowding
Why it matters: Leverage without spot demand leaves the market exposed to a liquidation cascade if sentiment turns.
Source: AMBCrypto