The Unraveling of Bitcoin’s Leverage Frenzy


Throughout the latest Bitcoin bull market, the open interest in Bitcoin derivatives—indicative of the total outstanding futures and options contracts—experienced remarkable growth. But after October 2025 marked a market zenith, this upward trajectory sharply reversed following a dramatic sell-off on October 10, causing a significant reduction in open interest.

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Source: https://en.bitcoinhaber.net/the-unraveling-of-bitcoins-leverage-frenzy