Bitcoin Derivatives Show Rising Risk as $60,000 Zone Turns Key Support
Bitcoin's futures positioning is signaling elevated stress as prices slid and open interest rose to about 288,000 BTC while funding stayed positive at 0.083%. In the 24 hours ending June 2, around $672 million in BTC positions were liquidated, as the price fell below $67,000 and attention shifted to the $60,000 area as a pivotal demand zone.