Insights

Bitcoin back over $30,000 – spot driven rally, minimal amount of liquidations

exchange681 week ago

0 1 1 minute read

Quick Take

Bitcoin is back over $30,000 — 3% up on the day.
Shorts got liquidated by only $20 million in the past four hours.
While open interest stays relatively flat — denoting spot buying behavior.

Analyst

James Van Straten

Former Lead Analyst at CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century’s paramount invention.

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