Glassnode: The percentage of cryptocurrency futures fell to 46%, reducing the impact of the merger.

Golden Financial reports that the share of cryptocurrency futures has fallen since the spring 2021 bull market, from around 66-69% to 46% on average, according to Glassnode's final assessment. More than half (54%) of futures contracts now rely on cash or cash equivalents as interest to reduce the impact of a consolidation. Future cash margin refers to the use of cash or cash equivalents as commodities, such as fixed income securities linked to the US dollar, which is generally a more stable asset than the cryptocurrency of based. Crypto Margin Futures are based on crypto assets such as Bitcoin, and in futures contracts the trader's risk and assets are based on the same asset and therefore there are inconsistencies (e.g. BTC). So, before the liquidation, there is no small space for investors to move, the risk increases, but the potential for recovery also increases.