π° News Alert...
π Title: Bitcoin Open Interest Falls by $55B in 30 Days: Whatβs Next for BTC Price?
ποΈ Published: 2026-02-04
π Summary: Futures traders have sharply reduced their market activity amid Bitcoinβs continued weakness, with new year-to-date lows becoming a near daily event. This significant $55 billion drop in open interest highlights a cautious stance among investors. Cointelegraph analyzes what these trends might mean for Bitcoin's price trajectory in the coming weeks.
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ποΈ Source: Cointelegraph by Biraajmaan Tamuly
π #Bitcoin #CryptoMarket #BTCPrice

Cointelegraph
$55B in BTC Futures Positions Unwound In 30 Days: Will Bitcoin Recover?
Traders are hopeful that Bitcoin will find support near $70,000, but the sharp $55 billion drawdown in futures open interest suggests the market re...