Markets· ★★★· bearish·

Bitcoin short positions climb to $28.18B ahead of Fed decision

  • —BTC futures open interest stands at $28.18B with price near $79,756
  • —24-hour liquidations hit $140.79M, 56.9% of them longs
  • —A whale moved 11,330 BTC worth $903M off Binance to two cold wallets
  • —Bitcoin dominance holds at 60.06% as ETH slips to $2,311.16
Why it matters: Heavy short buildup into the Oct. 28 Fed meeting raises the risk of a sharp move either way via cascading liquidations.
Source: Coin Türk