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This clogged-up open interest is the funding rate has flipped. The BTC -denominated open interest in perpetuals since Oct.
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Economist explains the two futures of crypto - Tyler CowenThe problem with bitcoin is that it's all about speculation. We don't need new ways to speculate on the cryptocurrency. What we need, if bitcoin. It's speculating in bitcoin made easy, perhaps too easy. The Securities and Exchange Commission, bless their cautious hearts, warns that these. Bitcoin History Supports Bulls After 10% Weekly Jump on ETF Speculation (Bloomberg) -- Bitcoin surged above $31, for the first time since July as a US.
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