Short-Term BTC Holders Quit, CME Open Interest Slid by Record During Monday’s Price Drop
Short-term bitcoin (BTC) holders exited the market at a loss Monday as tumbling prices also saw derivative traders throw in the towel, leading to a significant decline in open futures bets on the Chicago Mercantile Exchange. Short-term holders, defined by Glassnode as addresses with a history of holding coins for less than 155 days, sent … Read more