Total exchange open interest for #Bitcoin, #Ethereum and #Solana has dropped significantly after hitting $BTC #AllTimeHigh earlier today. Many other assets not shown on the chart are showing similar declines. Open interest is the number of outstanding derivative contracts, mainly futures and options. Today we saw:
$BTC open interest fell by $1.46 billion (-12%)
$ETH Open interest fell by $967 million (-15%)
$SOL Open interest fell $424M (-20%)
▪️#BTC – $66 655 +0.5%.
▪️🔼 - #WIF , #FLOKI , #APT , #LEO
▪️🔽 - #GALA , #ICP , #ORDI , #AXS
▪️BTC #dominance - 53.93%.
▪️ #Altseason index 73
▪️Greed of #investors 74
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