Published Aug 12, 2026, 5:57 AM ET · Updated 3 months ago · 1 source
NEW: Bitcoin bitcoin:native perpetual trading activity on Binance and Bybit has fallen to its lowest level since 2023, while spot volumes have hit their lowest level since February 2024, according to K33. Relatively elevated open interest leaves the market exposed to liquidation-driven moves, Head of Research Vetle Lunde said, as traders await today's U.S. CPI release.
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Original Report
NEW: Bitcoin bitcoin:native perpetual trading activity on Binance and Bybit has fallen to its lowest level since 2023, while spot volumes have hit their lowest level since February 2024, according to K33. Relatively elevated open interest leaves the market exposed to liquidation-driven moves, Head of Research Vetle Lunde said, as traders await today's U.S. CPI release.