Crypto_Lion2024-10-29

Marketcap / OpenInterest is in dangerous waters.

Marketcap / OpenInterest is in dangerous waters. Marketcap / OpenInterest, a simple risk indicator, is in perilous waters: OI since the August 2023 drop at FTX; since the August 2024 49k, Binance has been using spot and perp to pull the market down. Now Coinbase and others are adding to the ETFs. Most dangerous are other CEX OI. Risk management should be thorough.