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Alpha
Points
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Futures
Futures
Hundreds of contracts settled in USDT or BTC
Options
HOT
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Launch
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Alpha Points
NEW
Trade on-chain assets and enjoy airdrop rewards!
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NEW
Earn futures points and claim airdrop rewards
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Quant Fund
Top asset management team helps you profit without hassle
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Smart Leverage
NEW
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20 USDT
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Big Meltdown in Bitcoin, Ethereum and Solana's Open Interest! Triggered by the Decline in Cryptocurrencies!
Summary
The drop in Bitcoin's price has caused cryptocurrency traders to lose over $1 billion in options and futures.
This decline also led to a significant drop in the open interest of other crypto assets such as Bitcoin, Ethereum, and Solana.
The vast majority of long positions were closed and
About 312,500 investors were pushed out of the market.