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
86,989.84
-0.53%
BNB
857.62
+0.41%
ETH
2,916.21
+0.77%