Data: BTC open interest decreased by about 30%

2025-10-21 17:42:47

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ChainCatcher news, according to market sources, Bitcoin's open interest has decreased by about 30%, and the excessive leverage in the market has been cleared.

Currently, the funding rate is close to neutral, significantly reducing the likelihood of another liquidation cascade in the market.

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BTC open interest liquidation cascade

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Data: In the past 24 hours, the total liquidation across the network was 573 million USD, with long positions liquidated at 110 million USD and short positions liquidated at 463 million USD

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