Bitcoin at $86,000 as futures leverage enters high-risk zone
- —BTC gained over 10% on the week to $86,000 on spot demand and a short squeeze
- —Futures open interest and long funding costs topped Glassnode's high-risk thresholds
- —Options open interest stands near $41 billion, but implied volatility trails realized moves
- —Bitcoin ETFs posted about $300 million in weekly net outflows
Why it matters: Piled-up leverage leaves the market exposed: a sharp drop could trigger cascading forced liquidations and amplify selling pressure.
Source: TokenPost