Open interest – the total amount of open options and futures contracts held by market participants – has significantly decreased following past large liquidation events, David Lawant, head of research at institutional exchange FalconX, wrote in a market update. The open interest for BTC and ETH derivatives on major exchanges has dropped roughly 38% from this year’s high and is now near at the levels seen in March, the report noted.

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Author: Krisztian Sandor

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