Wenry

March 7 $BTC On-Chain Insights

Derivatives trading volume is showing signs of recovery after falling to the level of 26.2% compared to the previous three days, but no major movements, including open interest, have been confirmed. In the short term, volatility is judged to be more influenced by the macro economy than by the flow of the cryptocurrency market. Open Interest - After the drop in $BTC on the 3rd, open interest also plunged and entered a flat trend Realized Price - UTXO Age Bands - The average unit price of $BTC buyers in the last 24 hours is 22,425 USD - The average unit price of buyers for more than one week and less than one month is 23,352 USD $BTC Spot VS. Derivative Volume - March 3 (362,365 / 1,091,642) - March 4 (126,857 / 286,072) - March 5 (164,215 / 470,942) - March 6 (222,323 / 504,111)