Bitcoin Derivatives Exchange Reserve Surges Up As BTC Continues To Plunge - BitcoinEthereumNews.com
BitcoinBitcoin Derivatives Exchange Reserve Surges Up As BTC Continues To Plunge06 / 19 / 2022बिटकॉइन एथेरियम समाचार On-chain data shows the Bitcoin reserve of derivative exchanges has surged up recently as the price of the crypto has continued to crash down. Bitcoin Derivatives Exchange Reserve Observes Sharp Uptrend जैसा कि एक क्रिप्टोक्वांट में एक विश्लेषक द्वारा समझाया गया है पद, the crashing BTC price may be forcing whales and long-term holders to open short positions in order to hedge their portfolios. The “derivative विनिमय भंडार” is an indicator that measures the total amount of Bitcoin currently present on wallets of all derivative exchanges. When the value of this metric goes up, it means coins are entering into derivative exchanges right now. Such a trend may mean investors are opening leveraged positions at the moment, which can result in higher volatility in the value of the crypto. On the other hand, a downtrend in the indicator implies investors are withdrawing their coins from these exchanges currently. Now, here is a chart that shows the trend in the Bitcoin derivative exchange reserve over the past year: The EMA 7 value of the metric seems to have observed some uptrend recently | Source: क्रिप्टोकरंसी As you can see in the above graph,