[Data: Bitcoin's current open interest down 13.5% compared to September 3, market may have preemptively deleveraged] BlockBeats news, on September 14, Santiment posted that the open interest denominated in BTC has dropped from 321,497 BTC on September 3 to 278,151 BTC on September 11, a decrease of 43,346 BTC, representing a decline of 13.5%. During the same period, BTC's price fell by approximately 5%, indicating that the drop in open interest was not caused by the price decline. Santiment noted that the current market open interest is about 20% lower than the levels before the mid-August price surge. Open interest stopped declining on September 11 and slightly rebounded over the next two trading days, suggesting that risk-off operations primarily occurred before the announcement of this week's major events, rather than during the events themselves. [Original link]