Key takeaways:
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Bitcoin’s derivatives signal caution, with the options skew hitting 20% as traders fear another wave of fund liquidations.
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Bitcoin price recovered some of its Thursday losses, but it still struggles to match the gains of gold or tech stocks amid low leverage demand.
Bitcoin (BTC) has gained 17% since the $60,150 low on Friday, but derivatives metrics suggest caution as demand for upside price exposure near $70,000 remains constrained. Traders fear that the liquidations of $1.8 billion of leveraged bullish futures contracts in five days indicate that major hedge funds or market makers may have blown up.
Unlike the Oct. 10, 2025, market collapse that culminated with a record $4.65 billion…
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Source cointelegraph.com
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