Bitcoin Futures Open Interest Slips To $7.68 Billion As Traders Keep Funding Positive
Summary
A Saturday snapshot showed Bitcoin futures open interest down 0.69% to $7.68 billion over 24 hours, while funding stayed positive at 0.0035% per eight hours, indicating leveraged longs were still paying shorts. The surveyed market’s long-account share was 63.2%, a measure of accounts rather than capital or contracts. Solana open interest declined 4.25% to about $929.5 million. The data shows some leverage reduction but does not establish whether it is finished or predict Bitcoin’s next move; thin weekend liquidity may amplify price swings.
