[https://link.medium.com/JMMHRmtTLmb](https://link.medium.com/JMMHRmtTLmb)
''In terms of open interests for BTC derivatives, there has been a clear divergence. Whilst crypto prices have plunged, open interest has increased substantially. On-chain data suggests the market could experience a short squeeze, as open interests keep trending higher even when the majority of speculators are betting against Bitcoin''