Bitcoin futures drop $1.4B, but spot buyers step in to help

macro

Bitcoin futures open interest fell by about $1.4 billion, signaling a sharp reduction in leveraged positions and likely forced liquidations. Spot buyers absorbed some of the selling, helping limit Bitcoin’s decline and suggesting demand beyond derivatives markets. The resilience is constructive, but the drop in futures exposure underscores continued volatility and does not by itself confirm a durable recovery.

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