Something unusual is building in $9.81 billion of Bitcoin futures flows and it could break either way

Bitcoin futures data shows traders adding leverage, but most aggressive orders have come from sellers, leaving price under pressure.

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

Bitcoin’s short-term direction continues to depend on who crosses the spread with market orders, not just how much leverage is open. Bitcoin's derivatives market entered September with a split message: traders are taking on more positions, but the balance of trading activity is leaning against price strength. Open interest climbed to...