$55B in BTC Futures Positions Unwound In 30 Days: Will Bitcoin Recover?

  • Posted on February 4, 2026
  • By Cointelegraph
  • 4 Views
$55B in BTC Futures Positions Unwound In 30 Days: Will Bitcoin Recover?

Traders are hopeful that Bitcoin will find support near $70,000, but the sharp $55 billion drawdown in futures open interest suggests the market remains strongly risk-averse.
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Cointelegraph

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