BTC's failure to regain the $70,000 level led to a large-scale long betting position being liquidated in the futures market, and BTC fell to $67,300 on the 22nd, with long betting investors still maintaining their positions.
The liquidation amount of long betting positions in the BTC futures market on the 21st was about $123 million (about 1,699.74 billion won).
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According to the data from the derivatives analysis platform Laevitas on the 22nd, the BTC long position betting contract was further extended, and the BTC futures premium in the futures market reached about 10%. A BTC futures premium of 10% is generally interpreted as investors' bullish sentiment.
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Source=Laevitas
