he week in derivatives: deleveraging, not capitulation… yet. 24h liquidations: $1.72B | longs $1.41B | shorts $0.31B Long/short ratio: ~82/18 → pressure stays on the bulls. The week in sequence: Jun 2 — $768M Jun 3 — $1.86B (peak, BTC $896M) Jun 4 — $1.72B (BTC low $61.3K) 48h combined: ~$3B What the structure says: → Open interest falling = positions closing, not new bets → Funding has normalized, yet price keeps dropping → Real driver: spot BTC ETF outflows + thin liquidity Bottom line: leverage is flushing out, but spot buyers aren't absorbing supply yet. Until a reset is confirmed, risk management > conviction. Data: CoinGlass. DYOR. $BTC $ETH #Bitcoin #Crypto #BTC #ETH #CryptoNews #Altcoins #CryptoTwitter #liquidation
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.