Bitcoin traders bet big, but is this rally built on fragile leverage?
Bitcoin’s Open interest and Funding Rates remain elevated, signaling strong leveraged bullish positioning. Exchange inflows rise while MPI stays negative, suggesting mixed pressure.
Bitcoin’s [BTC] derivatives market remains highly active as Open Interest holds near $42 billion and Funding Rates stay positive, signaling a sustained appetite for leveraged long positions.
These elevated levels suggest that traders expect further upside and are willing to pay premiums to stay long.
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