Bitcoin Holds Near $81,186 on May 12, 2026 as OI Drops and Funding Turns Deeply Negative
Bitcoin traded around $81,186 on May 12, 2026, with price action constrained as derivatives positioning shifted toward passive deleveraging. Open interest fell from $29.09B on May 5 to $26.84B on May 11 while funding hit -0.01218343, alongside a visible liquidity target at $85,537. Miner inflows to Binance since May 1 reached about 50,000 BTC, adding a supply variable to a market that has shown only modest spot-volume growth.