BCH-USD had the largest absolute 24-hour open-interest change at +8.32%, alongside a one-day price return of -3.68%.
Positioning in Bitcoin Cash is the outlier, not the price. Bitcoin Cash's open interest jumped 8.32 percent in 24 hours even as the price fell -3.68 percent. Funding is sharply negative at -44.98 percent annualized, revealing traders are…
Positioning in Bitcoin Cash is the outlier, not the price.
Bitcoin Cash's open interest jumped 8.32 percent in 24 hours even as the price fell -3.68 percent. Funding is sharply negative at -44.98 percent annualized, revealing traders are tilting short or being paid to hold shorts. If Bitcoin Cash breaks out of its range, those new positions are fuel for a sharp move in either direction.
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