There’s been a drawdown in Bitcoin futures contracts over the past couple days, with $1.25 billion worth of open interest leaving the past day—and analysts say that’s good for the BTC derivatives market. The open interest in Bitcoin futures contracts has sunk to$80.8 billion from $85 billion as of Tuesday afternoon after steadily falling each day since last Thursday, according to crypto data aggregator Coinglass. “The flush has reduced open interest and is more likely a healthy reset than a bearish warn ...