
Daan Crypto Trades|Jul 09, 2025 14:39
BTC Saw a +1.1B increase in Open Interest over the past few hours.
We've now seen about 400M of that get flushed out.
That does mean there's still a large amount of (likely) longs sitting at danger if price were to continue rolling over.
And yes, the timeframe is very low just so I can clearly show you what's going on. We're still talking massive size in positions here.
ETH Saw about +750M in OI increase of which 500M+ is already taken out.
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