Zizcrypto
BTC: Binance OI Stays Elevated as CVD Fades
Binance BTC Open Interest remains elevated near $4.6B — above mid-August levels, but below the early-September peak near $6.0B. CVD has not held the same impulse. After peaking near $5.8B around August 21, it has fallen back toward $1.7B. That creates a clear divergence: BTC is still trading near $75.6K, while net aggressive taker pressure has faded much more than price. Elevated OI with deteriorating CVD does not confirm continuation by itself. It leaves the short-term derivatives structure more fragile while positioning remains large. Key takeaway: Binance OI remains elevated, but CVD has given back most of the August impulse. Until CVD stabilizes, this looks like a fragile high-positioning setup rather than confirmed taker-driven continuation.