Bitcoin Open Interest Spike Sparks Exit Talks Among Traders
The post Bitcoin Open Interest Spike Sparks Exit Talks Among Traders appeared on BitcoinEthereumNews.com.
Bitcoin open interest on Binance spiked again, repeating a pattern often followed by trader exits and short-term market slowdowns. Long-term Bitcoin holders are reducing exposure, while net outflows from major exchanges suggest cautious sentiment among larger players. Bitcoin has again attracted many eyes to the charts. Not only because its price fluctuations are increasingly difficult to predict, but also because several technical signals are starting to show potential changes in market direction. One of them comes from the spike in open interest that has occurred repeatedly in the last two months. According to Amr Taha, an on-chain analyst at CryptoQuant, this spike has occurred three times since the end of May, and all of them have a somewhat similar pattern—always followed by selling pressure or a flat phase that makes traders wonder: is this a moment to take profits or the beginning of a correction? Bitcoin Leverage Surges Again, Traders Eye Exit Points On Binance, the spike in open interest in the last 24 hours has again broken through 6%. This is not a small number, and if you look at the previous pattern on May 26 and June 10, similar spikes were followed by price declines. It can be said that so many leveraged positions entered at once, the market began to slow down. Usually, at moments like this, those who are already sitting in the green zone start to exit one by one, maintaining existing profits before the market reverses direction. Source: CryptoQuant Big Players Quietly Step Back as Outflows Accelerate On the other hand, there is another signal that can be said to be pinching the back a bit—the movement of long-term holders. Based on Amr Taha’s analysis, their net realized value (Net Position Realized Cap) plunged from more than $57 billion to only around $3.5 billion.…
Filed under: News - @ June 26, 2025 2:27 pm