Bitcoin’s crash wipes out $5 billion in futures OI but options remain stable
Bitcoinâs atomize wipes out $5 billion in futures OI nonetheless alternate choices remain stable
Bitcoin futures crumble below margin calls, nonetheless alternate choices trading volumes hit narrative highs.
This week's crypto atomize has led to a pair of the top seemingly losses for the rationale that FTX give plan. Bitcoin's involving decline below $50,000 has dramatically impacted the futures market, inflicting a gigantic reduction in leveraged positions. Curiously, the alternate choices market remained somewhat stable no topic the chaos. While futures merchants faced forced liquidations, alternate choices merchants may per chance perchance build onto their positions. Nonetheless, what induced the second-top seemingly alternate choices quantity ever recorded, and why is there a discrepancy between the bullish launch pastime and the set up-heavy trading quantity? Come all the plan through the severe facts internal...
Source credit : cryptoslate.com