According to André Dragosch, PhD (@Andre_Dragosch) on Twitter, recent data shows a significant decline in Bitcoin open interest, indicating a sharp drop in leveraged positions across major crypto exchanges. This is considered a bearish signal for short-term traders, as rapid unwinding of positions often leads to increased volatility and potential price corrections. Dragosch's analysis highlights heightened risk for Bitcoin holders and may prompt traders to exercise caution or adjust stop-loss levels accordingly. The sudden movement in open interest is particularly relevant for those trading perpetual futures and derivatives, as it often precedes large market moves. Source: André Dragosch on Twitter, May 16, 2025.

According to Ai 姨 on Twitter, Bitcoin experienced a sharp drop below the $103,000 level, resulting in an unrealized profit of $2.25 million for a large position holder. This significant price movement highlights increased market volatility and presents both risk and opportunity for active traders. The rapid decline suggests strong selling pressure and potential liquidation events, making it crucial for crypto investors to monitor support levels and manage exposure to avoid unexpected losses (Source: @ai_9684xtpa, May 12, 2025).