The market share of Bitcoin futures' open positions has dropped to 38%, the lowest level in nearly two years

Coinalyze statistics show that the market share of Bitcoin futures open positions has dropped from 50% to 38% in the past two months, reaching its lowest level in nearly two years. Coinalyze stated: "It seems that 'all' funds are now entering altcoins, which e xplains why BTC's dominant position in futures open positions is declining." The data shows that the risk preference of the crypto market has increased, which is usually a regular situation after Bitcoin has risen significantly.