Bitcoin btc
$ usd

Was Yesterday’s Drop a ‘Long Squeeze?’ Bitcoin (BTC) On-Chain Analysis

2 mins
Updated by Ryan James
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In Brief

  • The funding rate was not unusually high on Nov 10.
  • Open interest peaked on Nov 8.
  • There were $90 million in long liquidations on Nov 10.
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In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions.

Valdrin Tahiri
Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona graduate school of Economics. Shortly after graduating, he began writing...