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Longs Paying the Price as Open Interest Levels Continue Declining

@brianq
1 min read
04.07.2024
SOL
ETH
BTC


📉 Bitcoin has now fallen to a 2-month low, with most altcoins faring far worse. With many traders buying the dip when BTC was nearing $60K, longs have been liquidated aggressively the last couple hours. This goes for other top caps like Ethereum and Solana as well.

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Featured in this Insight

Ethereum ETH

$ 3669.87
15.93%
in last 7d

Bitcoin BTC

$ 118153.42
-0.8506%
in last 7d

Grayscale BTC ETF mini BTC

N/A
0%
in last 7d

Solana SOL

$ 198.75
18.92%
in last 7d
SOL
ETH
BTC

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