5 months ago
Bitcoin Drops Below $60K, Gex Chart Shows $60K as Max Open Interest, Institutions and Whales Await Quarterly Settlement
Bitcoin fell below $60,000 on June 26. Greeks.live macro researcher Adam noted on X that the Gex chart shows $60K as the largest open interest, while $58K and $59K are also accumulating. Market risks are piling up, but institutions and whales have not continued to bet on further downside; they are waiting for tomorrow's quarterly settlement before acting.
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