Options open interest on the verge of breaking all-time high, calls for $30,000 Bitcoin
There are roughly 345,000 Bitcoin currently allocated in options open interest contracts — primarily fueled by CME.
James Van Straten 1 min read Bitcoin Insights
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James Van Straten 1 min read Latest insights
Bitcoin
Bitcoin futures open interest at CME reaches 20% of overall BTC futures OI
A further 2,715 BTC were allocated into futures open interest in the past 24 hours
Bitcoin
Purpose Bitcoin ETF sees over $6M in inflows in past week
Institutional or large players are starting to reenter the Bitcoin ecosystem, albeit tentatively.
Bitcoin
Over $120M withdrawn from Binance on Jan. 24, transaction volume indicates big player involved
Big player makes third-biggest $120 million withdrawal of Bitcoin (BTC) over the last month – mainly from Binance.
Bitcoin
CME exchange sees 84,000 BTC or $2B allocated in futures contracts in last 24 hours
On Jan. 24, we saw the highest amount of futures contracts since FTX collapse and November 2021 price peak.
Bitcoin
Bitcoin is acting as a liquidity indicator for central bank balance sheets
As central bank balance sheets expand into 2023, Bitcoin value increases
Bitcoin
Over 500K BTC left Gemini, Kraken, Coinbase in 13 months – more than any other exchange
Bitcoin continues to leave centralized exchanges
Bitcoin
Lightning Network Capacity approaching ATH – almost 5,000 BTC in known capacity
Many lightning network nodes operate as private channels and are hidden under TOR so the exact number of total BTC in capacity is unknown.
Bitcoin
Bitcoin breaks out of all realized price levels for only its 5th time
Bitcoin breaks key resistance levels
Bitcoin
Bitcoin, Ethereum up 37% and 35% year to date
Risk-on assets having a strong January as DXY is down -1.23%
Bitcoin
Bitcoin hash rate surpasses another ATH, Hash Ribbon indicates miner capitulation is over
On Jan. 20, Bitcoin (BTC) hash rate surpassed another all-time high (ATH) — remarkable to see in a bear market.
Bitcoin
FTX collapse triggers 250k Bitcoin wipeout in Futures Open Interest
Risk-Off Environment Leads to Significant Reduction in Leverage and Futures Open Interest following 250K BTC Futures wipeout.
Bitcoin
Nearly $400M in crypto liquidations over 24 hours pushes Bitcoin above $23k
Bitcoin's strong price action continues as only 11.7% of all BTC now sits on exchanges.