Critical Report: CME Basis Compression Signals Bitcoin Deleveraging, No Bottom Yet
On March 25, 2026, blockchain analytics firm CryptoQuant published a critical market update from its Seoul headquarters, indicating significant stress in Bitcoin’s derivatives markets. The firm’s data reveals a pronounced CME basis compression alongside a sharp 47% decline in open interest across major exchanges. These metrics signal an ongoing deleveraging event within the cryptocurrency sector. […]
