Leaving dark territory 

Leaving-dark-territory

Few things to point out 

1/ #Bitcoin derivate reserves are increasing meanwhile Open Interest is spiking and Funding rates seems to be leaving the dark territory 🟢

Looks like traders are getting more confident by sending BTC to exchanges (using it as collateral) 

2/ Same pattern can be seen by comparing stables derivate reserves and Open Interest (Both are spiking) 🟢

Stables Spot Reserves are moving sideways since January 22nd but in a general downtrend (deployed) 🟢

Looks like we are going to have some movement soon 

#cryptocurrecy #Bitcoin #onchain