CoinsAQ summary · neutral
Talos: Perpetual futures open interest slides to $67B as RWA contracts hit $9B
What happened
Crypto traders are pulling leverage from Bitcoin and Ether while piling into perpetual contracts tied to stocks and commodities Crypto’s favorite leverage machine is cooling off. According to Talos, open interest in perpetual futures has fallen from approximately $81 billion to.
Related asset context
Not financial advice. News and sentiment can be incomplete, delayed, or change quickly.
Continue researching
Related stories
Bitcoin Taps $78K Ahead of Big Week, NEAR Dumps 6% Again: Market Watch
The broader market has remained untypically calm for a Monday morning but more volatility is expected as the week progresses.
Binance hack fallout, U.S. midterms and jobs report: Crypto Week Ahead
Binance hack fallout, U.S. midterms and jobs report: Crypto Week Ahead Your look at what’s coming in the week starting Nov. 2. By Francisco Rodrigues |
OKX draws $445M in net inflows as Binance outflows exceed $7B
OKX recorded $445 million in daily inflows to lead all cryptocurrency exchanges, while Binance registered the largest net outflows of around $7 billion.