Key Bitcoin price metrics show the recent 12% drop to $30,800 has not stopped traders from buying dips ahead of this Friday’s $4.9 billion BTC futures expiry.
Substantial spot volume, a favorable futures premium, and top traders buying the dip are all signals that Ethereum price should see continuation.
Institutions and “whales” have continued their bitcoin purchases, on-chain data shows.
Bitcoin options open interest has reached $9.6 billion according to derivatives market data as the metric is nearing the high captured on January 7, 2021. Moreover, the aggregate open interest in bitcoin futures is steadily nearing all-time highs. While cryptocurrency spot markets have consolidated, bitcoin-based derivatives markets have seen continuous action. At the time of […]
Pro traders opened large short positions and derivatives data are flashing red flags after Ethereum price soared to a new all-time high.
OKEx adding more swaps to its real-time settlement function that went live on Dec. 29, 2020.
The major spot exchange platform has launched its mainnet trading chain OKExChain.
Despite the bitcoin price high, there continues to be a massive exodus of bitcoin leaving exchanges. Onchain data shows exchanges are being drained like a sieve and during the last 30 days, 87,954 bitcoin was withdrawn from the top crypto trading platforms. Back in December 2019, it was reported that the San Francisco-based exchange Coinbase […]
The post Massive Exodus of Bitcoin Continues to Leave Exchanges, Over 87,900 BTC Withdrawn in 30 Days appeared first on Bitcoin News.
Crypto derivatives showed enormous growth in 2020 as nearly $2 billion worth of BTC options expired on Christmas day.
OKEx launches real-time settlement for the trading of derivatives on its platform allowing users to make withdrawals at any time.