Bitcoin Derivatives Show Bulls Making Moves Despite $70K Sell-off
Key takeaways: Whale’s bullish positioning in the Bitcoin derivatives market is failing to counter the heavy spot selling pressure. The slight discount on USDT indicates capital is exiting to fiat, exposing the Bitcoin futures leverage risks. Bitcoin (BTC) dropped below $71,000 on Monday for the first time in seven weeks, liquidating $276 million in leveraged … Read more