Bitcoin derivatives open interest hits $61.26B as long/short ratio slips to 0.972
- —Bitcoin derivatives open interest stands at $61.26 billion
- —Aggregate long/short ratio at 0.972, shorts outweigh longs
- —Binance: OI $9.233B, volume $13.792B, ratio 0.9099
- —Bybit OI $5.226B, Hyperliquid $4.044B, Bitget $1.787B
Why it matters: A short-heavy book raises the risk of a squeeze higher if price rises, while signaling bearish derivatives sentiment.
Source: TokenPost