Journalist
Posted: February 21, 2025
- Bitcoin, Ethereum, and Solana Futures faced notable Open Interest declines.
- The memecoin market suffered a sharp 52% drop in futures activity.
The crypto futures market is currently experiencing a noticeable slowdown, with Open Interest (OI) across major assets like Bitcoin [BTC ($98,771.83)], Ethereum [ETH ($2,805.82)], and Solana [SOL ($179.38)] taking a significant hit.
This cooling trend extends even further into the memecoin space, which has seen a sharper drop in futures activity. As the broader space adjusts to evolving conditions, the decline in OI has raised eyebrows.
BTC and ETH: How did the OI drop?
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