Bitcoin

<h2 id="quick-take">Quick Take</h2>
<ul>
<li>Bitcoin (<a href="http://www.cryptoslate.com/coins/bitcoin">BTC</a>) Futures Open Interest (FOI) is the total amount of funds (USD Value) allocated in open futures contracts. </li>
<li>Currently, 334,000 Bitcoin is allocated in FOI contracts, the lowest for one year — which is healthy. </li>
<li>While the Estimated Leverage Ratio broke below 0.2 for only the fourth time in 2 years, leverage has been wiped. </li>
<li>Crypto Margin makes up for only 70k Bitcoin (21%), the lowest recorded on Glassnode — which saw 30,000 Bitcoin liquated just this week. </li>
<li>As a result, this week was the fifth biggest week in total <a href="https://cryptoslate.com/insights/bitcoin-approaches-30k-amid-140m-of-liquidations-in-24-hours/">liquidations</a> to the long and short side.</li>
</ul>
<figure id="attachment_321307" aria-describedby="caption-attachment-321307" style="width: 1800px" class="wp-caption aligncenter"><img class="wp-image-321307 size-full" src="https://cryptoslate.com/wp-content/uploads/2023/04/1.png" alt="Open Interest: (Source: Glassnode)" width="1800" height="1013" srcset="https://cryptoslate.com/wp-content/uploads/2023/04/1.png 1800w, https://cryptoslate.com/wp-content/uploads/2023/04/1-300x169.png 300w, https://cryptoslate.com/wp-content/uploads/2023/04/1-1024x576.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/04/1-768x432.png 768w, https://cryptoslate.com/wp-content/uploads/2023/04/1-1536x864.png 1536w" sizes="(max-width: 1800px) 100vw, 1800px" /><figcaption id="caption-attachment-321307" class="wp-caption-text">Open Interest: (Source: Glassnode)</figcaption></figure>
<figure id="attachment_321308" aria-describedby="caption-attachment-321308" style="width: 1800px" class="wp-caption aligncenter"><img class="wp-image-321308 size-full" src="https://cryptoslate.com/wp-content/uploads/2023/04/2.jpg" alt="Leverage: (Source: Glassnode)" width="1800" height="1013" srcset="https://cryptoslate.com/wp-content/uploads/2023/04/2.jpg 1800w, https://cryptoslate.com/wp-content/uploads/2023/04/2-300x169.jpg 300w, https://cryptoslate.com/wp-content/uploads/2023/04/2-1024x576.jpg 1024w, https://cryptoslate.com/wp-content/uploads/2023/04/2-768x432.jpg 768w, https://cryptoslate.com/wp-content/uploads/2023/04/2-1536x864.jpg 1536w" sizes="(max-width: 1800px) 100vw, 1800px" /><figcaption id="caption-attachment-321308" class="wp-caption-text">Leverage: (Source: Glassnode)</figcaption></figure>
<figure id="attachment_321309" aria-describedby="caption-attachment-321309" style="width: 1800px" class="wp-caption aligncenter"><img class="wp-image-321309 size-full" src="https://cryptoslate.com/wp-content/uploads/2023/04/3.jpg" alt="Crypto Open Interest: (Source: Glassnode)" width="1800" height="1013" srcset="https://cryptoslate.com/wp-content/uploads/2023/04/3.jpg 1800w, https://cryptoslate.com/wp-content/uploads/2023/04/3-300x169.jpg 300w, https://cryptoslate.com/wp-content/uploads/2023/04/3-1024x576.jpg 1024w, https://cryptoslate.com/wp-content/uploads/2023/04/3-768x432.jpg 768w, https://cryptoslate.com/wp-content/uploads/2023/04/3-1536x864.jpg 1536w" sizes="(max-width: 1800px) 100vw, 1800px" /><figcaption id="caption-attachment-321309" class="wp-caption-text">Crypto Open Interest: (Source: Glassnode)</figcaption></figure>
<figure id="attachment_321310" aria-describedby="caption-attachment-321310" style="width: 1800px" class="wp-caption aligncenter"><img class="wp-image-321310 size-full" src="https://cryptoslate.com/wp-content/uploads/2023/04/4.jpg" alt="Liquidations: (Source: Glassnode)" width="1800" height="1013" srcset="https://cryptoslate.com/wp-content/uploads/2023/04/4.jpg 1800w, https://cryptoslate.com/wp-content/uploads/2023/04/4-300x169.jpg 300w, https://cryptoslate.com/wp-content/uploads/2023/04/4-1024x576.jpg 1024w, https://cryptoslate.com/wp-content/uploads/2023/04/4-768x432.jpg 768w, https://cryptoslate.com/wp-content/uploads/2023/04/4-1536x864.jpg 1536w" sizes="(max-width: 1800px) 100vw, 1800px" /><figcaption id="caption-attachment-321310" class="wp-caption-text">Liquidations: (Source: Glassnode)</figcaption></figure>
The post <a rel="nofollow" href="https://cryptoslate.com/insights/bitcoin-leverage-wiped-clean-analyzing-the-5th-biggest-week-in-liquidations-its-market-implications/">Bitcoin leverage wiped clean: analyzing the 5th biggest week in liquidations YTD, its market implications</a> appeared first on <a rel="nofollow" href="https://cryptoslate.com">CryptoSlate</a>.

Bitcoin leverage wiped clean: analyzing the 5th biggest week in liquidations YTD, its market implications

目錄

CryptoSlate

在 2023年4月28日發表的其他文章

Particle Network and MAP Protocol Join Forces to Improve Omnichain Connectivity

Bitcoin’s Rollercoaster at $30K, Millions in Liquidations, First Republic Turmoil: This Week’s Recap

Benefits of becoming an NFT artist!

This Cardano (ADA) rival called the cryptocurrency of the future, to give 20x profits in 2023

Coinbase CEO and Legal Officer Respond to SEC’s Wells Notice

Cosmos (ATOM) Price Could See Increase – Here’s Why Investors Are Running to This Cryptocurrency ...

訂閱免費電子報，每天收取加密貨幣最新動態！