Bitcoin Open Interest: $33.22 Billion
Others (Alts excluding ETH) Open Interest: $19.65 Billion
Bitcoin OI is now 70% higher than Others OI.
Since Q4 2023, this has only happened 4 times.
November 2023, August 2024, April 2025, and June 2025.
In all these instances, alts bottomed out and then rallied.
Will history repeat itself again?$BTC

BTC
78,327.01
+0.17%

BNB
771.45
+1.09%

ETH
2,343.9
-1.15%