Data shows that Bitcoin’s open interest has plummeted as BTC has crossed the $60,000 level, suggesting that large liquidations have occurred.

Here’s how the indicators related to the Bitcoin derivatives market have changed following the latest cryptocurrency crash.

Data shows the Bitcoin Open Interest has shot up to a new all-time high (ATH) following the asset’s break beyond the $69,000 mark.

Data shows the Bitcoin whales on cryptocurrency exchanges Bybit and HTX have opened massive long positions at the current price levels.

Data shows the Bitcoin derivatives Open Interest has shot up to a new all-time high (ATH) recently.

Data shows the Bitcoin Open Interest has observed a notable cool off recently, something that could be positive for the rally’s hopes.

Contrasting Bitcoin derivatives with Ethereum’s tells us a story around the potential opportunity for a post-halving rotation.

Data shows the Bitcoin Open Interest has set a new all-time high (ATH) as the cryptocurrency’s price has surged above $72,000.