BQYoutube2024-06-11

Bitmex and Binance Decoupling

Seeing Bitmex OI rapidly rising while Binance OI is decreasing in speed. Often this kind of phenomenon is seen when whales in Bitmex start to accumulate positions while Binance retail gets washed out. If we get a turnover from this dip, it could signal a LTF bottom is in.