BTC Open Interest Drops 50% Leaving Market Primed for a Big Move

Bitcoin futures open interest has dropped by half, falling from $42 billion in October 2025 to $21 billion as of April 8, 2026. This is according to data supplied by analytics platform BIT, whose analysts suggested the sharp dip in leveraged positions is because the market has undergone a reset, leaving BTC “priced for a move” after months of rangebound trading. Open Interest Reset Leaves BTC Market Less …