Opinion: Bitcoin open interest positions are at their lowest level since March, making upward movements less susceptible to leverage liquidation shocks.

BlockBeats news, September 29, glassnode posted that Bitcoin is rising with lower leverage levels. The price has increased by 35% from its August low, while the open interest denominated in coins has dropped by nearly 20%.

This has pushed open interest to its lowest level since March, potentially making this rally less susceptible to leverage liquidations.