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
64,589.57
-5.10%
BNB
585.79
-6.35%
ETH
1,859.45
-5.91%