
Bitcoin futures open interest rises 2.7% as price slips below $80K
- —BTC futures open interest rose from $36.5B to $37.5B over the week
- —Bitcoin pulled back from $85K to below $80K without a major flush of contracts
- —Spot CVD shows sellers gaining ground as perpetual funding stays high
Why it matters: Rising open interest against weakening spot demand raises the risk of cascading liquidations on any sharp price move.
Source: TokenPost