Benson Sun: Altcoin leveraged contract open interest has dropped significantly in recent decline
Encrypted KOL Benson Sun stated in a post on X platform that Bitcoin has returned to above $66,000, but the open positions of altcoin contracts are still lower than Bitcoin's at the $40,000 level. After the sharp decline on April 13-14, the altcoin leverage in this bull market may have been thoroughly cleaned, and the altcoin season may be coming.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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