elcryptotavo
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 đ˘ 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) đ˘ Stables Spot Reserves are moving sideways since January 22nd but in a general downtrend (deployed) đ˘ Looks like we are going to have some movement soon #cryptocurrecy #Bitcoin #onchain