The recent sell off has caused $1B+ in Open interest to be wiped on #Bitcoin. $ETH lost about $650M in OI. Most other alts also lost 5-10% of their respective Open Interest. Meme coins got hit especially hard, retracing the entire recent move.

1 month ago 30376

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3. The recent sell off has caused $1B+ in Open interest to be wiped on #Bitcoin. $ETH lost about $650M in OI. Most other alts also lost 5-10% of their respective Open Interest. Meme coins got hit especially hard, retracing the entire recent move.