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Bitcoin Open Interest Crashes 17% as Whales Scoop Up Supply—Reversal Ahead?

  • Bitcoin open interest dropped by 17.8% in the past week, reflecting cautious sentiment among leveraged traders.
  • Historically, such declines in open interest have preceded major market rebounds as speculative leverage is flushed out of the system.
  • Long-term holders and whales continue to accumulate Bitcoin aggressively, indicating high conviction even during price increases.
  • The widening gap between retail and whale realized capitalization suggests the growing role of high-capital investors in the market.

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