{"id":71212,"date":"2026-11-12T18:07:36","date_gmt":"2026-11-12T16:07:36","guid":{"rendered":"https:\/\/thecryptocurrencypost.net\/es\/?p=71212"},"modified":"2026-11-12T18:07:37","modified_gmt":"2026-11-12T16:07:37","slug":"btc-perpetuals-operan-con-basis-negativo-durante-156-horas-mientras-sube-el-open-interest","status":"publish","type":"post","link":"https:\/\/thecryptocurrencypost.net\/es\/btc-perpetuals-operan-con-basis-negativo-durante-156-horas-mientras-sube-el-open-interest\/","title":{"rendered":"BTC perpetuals operan con basis negativo durante 156 horas mientras sube el open interest"},"content":{"rendered":"<p>Los <a href=\"https:\/\/www.binance.com\/es-LA\/futures\/BTCUSDT\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>futuros perpetuos de Bitcoin<\/strong><\/a> han cotizado por debajo del precio spot durante 156 horas consecutivas, seg\u00fan una publicaci\u00f3n atribuida al analista de CryptoQuant citada por BBX. En ese mismo periodo, el open interest de los perpetuals avanz\u00f3 hasta alrededor de <strong>367.400 BT<\/strong>C, una combinaci\u00f3n que apunta a un <a href=\"https:\/\/thecryptocurrencypost.net\/es\/mercado\/\" target=\"_blank\" rel=\"noopener\"><strong>mercado<\/strong><\/a> de derivados con apalancamiento creciente y una prima negativa persistente frente al contado.<!--more--><\/p>\n<p>De acuerdo con la cobertura, la diferencia entre perpetuals y spot se mantuvo en terreno negativo desde el 6 de noviembre y lleg\u00f3 a un <strong>descuento de 0,047% frente<\/strong> al precio al contado en la \u00faltima jornada observada. La nota a\u00f1ade que el basis se ampli\u00f3 a partir de esa fecha, lo que sugiere una presi\u00f3n vendedora concentrada en la pata de futuros.<\/p>\n<h2>M\u00e1s apalancamiento, pero sin recuperaci\u00f3n del basis<\/h2>\n<p>El dato que m\u00e1s destaca no es solo la persistencia del descuento, sino que el <strong>open interest aument\u00f3 en unas 22.000 BTC<\/strong> en la \u00faltima semana. En t\u00e9rminos de mercado, eso significa que sigue habiendo contratos abiertos en expansi\u00f3n mientras el diferencial entre futuros y spot no se normaliza.<\/p>\n<p>La lectura incluida en la cobertura es que esa combinaci\u00f3n puede dejar al mercado m\u00e1s expuesto a una posible reducci\u00f3n forzada de apalancamiento. En cambio, una ca\u00edda del open interest ser\u00eda la se\u00f1al de que el riesgo se est\u00e1 desinflando. Por ahora, lo visible es lo contrario: <strong>m\u00e1s posiciones abiertas y un basis que sigue d\u00e9bil<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Los futuros perpetuos de Bitcoin han cotizado por debajo del precio spot durante 156 horas consecutivas, seg\u00fan una publicaci\u00f3n atribuida al analista de CryptoQuant citada por BBX. En ese mismo periodo, el open interest de los perpetuals avanz\u00f3 hasta alrededor de 367.400 BTC, una combinaci\u00f3n que apunta a un mercado de derivados con apalancamiento creciente [&hellip;]<\/p>\n","protected":false},"author":50,"featured_media":71211,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[65],"tags":[590,124],"class_list":["post-71212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-noticias-bitcoin","tag-analisis-de-mercado","tag-bitcoin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BTC perpetuals operan con basis negativo durante 156 horas mientras sube el open interest The CryptoCurrency Post ESP<\/title>\n<meta name=\"description\" content=\"Los futuros perpetuos de Bitcoin han cotizado por debajo del precio spot durante 156 horas consecutivas, seg\u00fan una publicaci\u00f3n atribuida al analista de CryptoQuant citada por BBX.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thecryptocurrencypost.net\/es\/btc-perpetuals-operan-con-basis-negativo-durante-156-horas-mientras-sube-el-open-interest\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BTC perpetuals operan con basis negativo durante 156 horas mientras sube el open interest The CryptoCurrency Post ESP\" \/>\n<meta property=\"og:description\" content=\"Los futuros perpetuos de Bitcoin han cotizado por debajo del precio spot durante 156 horas consecutivas, seg\u00fan una publicaci\u00f3n atribuida al analista de CryptoQuant citada por BBX.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thecryptocurrencypost.net\/es\/btc-perpetuals-operan-con-basis-negativo-durante-156-horas-mientras-sube-el-open-interest\/\" \/>\n<meta property=\"og:site_name\" content=\"The CryptoCurrency Post ESP\" \/>\n<meta property=\"article:published_time\" content=\"2026-11-12T16:07:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-11-12T16:07:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/thecryptocurrencypost.net\/es\/wp-content\/uploads\/sites\/2\/2026\/11\/unnamed-file-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Diego Navarro\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"Diego Navarro\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tiempo de lectura\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutos\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"BTC perpetuals operan con basis negativo durante 156 horas mientras sube el open interest The CryptoCurrency Post ESP","description":"Los futuros perpetuos de Bitcoin han cotizado por debajo del precio spot durante 156 horas consecutivas, seg\u00fan una publicaci\u00f3n atribuida al analista de CryptoQuant citada por BBX.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/thecryptocurrencypost.net\/es\/btc-perpetuals-operan-con-basis-negativo-durante-156-horas-mientras-sube-el-open-interest\/","og_locale":"es_ES","og_type":"article","og_title":"BTC perpetuals operan con basis negativo durante 156 horas mientras sube el open interest The CryptoCurrency Post ESP","og_description":"Los futuros perpetuos de Bitcoin han cotizado por debajo del precio spot durante 156 horas consecutivas, seg\u00fan una publicaci\u00f3n atribuida al analista de CryptoQuant citada por BBX.","og_url":"https:\/\/thecryptocurrencypost.net\/es\/btc-perpetuals-operan-con-basis-negativo-durante-156-horas-mientras-sube-el-open-interest\/","og_site_name":"The CryptoCurrency Post ESP","article_published_time":"2026-11-12T16:07:36+00:00","article_modified_time":"2026-11-12T16:07:37+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/thecryptocurrencypost.net\/es\/wp-content\/uploads\/sites\/2\/2026\/11\/unnamed-file-1.jpg","type":"image\/jpeg"}],"author":"Diego Navarro","twitter_card":"summary_large_image","twitter_misc":{"Escrito por":"Diego Navarro","Tiempo de lectura":"2 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thecryptocurrencypost.net\/es\/btc-perpetuals-operan-con-basis-negativo-durante-156-horas-mientras-sube-el-open-interest\/#article","isPartOf":{"@id":"https:\/\/thecryptocurrencypost.net\/es\/btc-perpetuals-operan-con-basis-negativo-durante-156-horas-mientras-sube-el-open-interest\/"},"author":{"name":"Diego Navarro","@id":"https:\/\/thecryptocurrencypost.net\/es\/#\/schema\/person\/aabfc7813f2594311798f79ee5a541a1"},"headline":"BTC perpetuals operan con basis negativo durante 156 horas mientras sube el open interest","datePublished":"2026-11-12T16:07:36+00:00","dateModified":"2026-11-12T16:07:37+00:00","mainEntityOfPage":{"@id":"https:\/\/thecryptocurrencypost.net\/es\/btc-perpetuals-operan-con-basis-negativo-durante-156-horas-mientras-sube-el-open-interest\/"},"wordCount":264,"publisher":{"@id":"https:\/\/thecryptocurrencypost.net\/es\/#organization"},"image":{"@id":"https:\/\/thecryptocurrencypost.net\/es\/btc-perpetuals-operan-con-basis-negativo-durante-156-horas-mientras-sube-el-open-interest\/#primaryimage"},"thumbnailUrl":"https:\/\/thecryptocurrencypost.net\/es\/wp-content\/uploads\/sites\/2\/2026\/11\/unnamed-file-1.jpg","keywords":["an\u00e1lisis de mercado","Bitcoin"],"articleSection":["Noticias Bitcoin"],"inLanguage":"es"},{"@type":"WebPage","@id":"https:\/\/thecryptocurrencypost.net\/es\/btc-perpetuals-operan-con-basis-negativo-durante-156-horas-mientras-sube-el-open-interest\/","url":"https:\/\/thecryptocurrencypost.net\/es\/btc-perpetuals-operan-con-basis-negativo-durante-156-horas-mientras-sube-el-open-interest\/","name":"BTC perpetuals operan con basis negativo durante 156 horas mientras sube el open interest The CryptoCurrency Post ESP","isPartOf":{"@id":"https:\/\/thecryptocurrencypost.net\/es\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thecryptocurrencypost.net\/es\/btc-perpetuals-operan-con-basis-negativo-durante-156-horas-mientras-sube-el-open-interest\/#primaryimage"},"image":{"@id":"https:\/\/thecryptocurrencypost.net\/es\/btc-perpetuals-operan-con-basis-negativo-durante-156-horas-mientras-sube-el-open-interest\/#primaryimage"},"thumbnailUrl":"https:\/\/thecryptocurrencypost.net\/es\/wp-content\/uploads\/sites\/2\/2026\/11\/unnamed-file-1.jpg","datePublished":"2026-11-12T16:07:36+00:00","dateModified":"2026-11-12T16:07:37+00:00","description":"Los futuros perpetuos de Bitcoin han cotizado por debajo del precio spot durante 156 horas consecutivas, seg\u00fan una publicaci\u00f3n atribuida al analista de CryptoQuant citada por BBX.","breadcrumb":{"@id":"https:\/\/thecryptocurrencypost.net\/es\/btc-perpetuals-operan-con-basis-negativo-durante-156-horas-mientras-sube-el-open-interest\/#breadcrumb"},"inLanguage":"es","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thecryptocurrencypost.net\/es\/btc-perpetuals-operan-con-basis-negativo-durante-156-horas-mientras-sube-el-open-interest\/"]}]},{"@type":"ImageObject","inLanguage":"es","@id":"https:\/\/thecryptocurrencypost.net\/es\/btc-perpetuals-operan-con-basis-negativo-durante-156-horas-mientras-sube-el-open-interest\/#primaryimage","url":"https:\/\/thecryptocurrencypost.net\/es\/wp-content\/uploads\/sites\/2\/2026\/11\/unnamed-file-1.jpg","contentUrl":"https:\/\/thecryptocurrencypost.net\/es\/wp-content\/uploads\/sites\/2\/2026\/11\/unnamed-file-1.jpg","width":1280,"height":720},{"@type":"BreadcrumbList","@id":"https:\/\/thecryptocurrencypost.net\/es\/btc-perpetuals-operan-con-basis-negativo-durante-156-horas-mientras-sube-el-open-interest\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Noticias Criptomonedas","item":"https:\/\/thecryptocurrencypost.net\/es\/"},{"@type":"ListItem","position":2,"name":"BTC perpetuals operan con basis negativo durante 156 horas mientras sube el open interest"}]},{"@type":"WebSite","@id":"https:\/\/thecryptocurrencypost.net\/es\/#website","url":"https:\/\/thecryptocurrencypost.net\/es\/","name":"The CryptoCurrency Post ESP","description":"Crypto News","publisher":{"@id":"https:\/\/thecryptocurrencypost.net\/es\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thecryptocurrencypost.net\/es\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"es"},{"@type":"Organization","@id":"https:\/\/thecryptocurrencypost.net\/es\/#organization","name":"The CryptoCurrency Post ESP","url":"https:\/\/thecryptocurrencypost.net\/es\/","logo":{"@type":"ImageObject","inLanguage":"es","@id":"https:\/\/thecryptocurrencypost.net\/es\/#\/schema\/logo\/image\/","url":"https:\/\/thecryptocurrencypost.net\/es\/wp-content\/uploads\/sites\/2\/2026\/05\/TCP-favicon-dev.png","contentUrl":"https:\/\/thecryptocurrencypost.net\/es\/wp-content\/uploads\/sites\/2\/2026\/05\/TCP-favicon-dev.png","width":280,"height":280,"caption":"The CryptoCurrency Post ESP"},"image":{"@id":"https:\/\/thecryptocurrencypost.net\/es\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/thecryptocurrencypost.net\/es\/#\/schema\/person\/aabfc7813f2594311798f79ee5a541a1","name":"Diego Navarro","image":{"@type":"ImageObject","inLanguage":"es","@id":"https:\/\/secure.gravatar.com\/avatar\/549e84882178b79d27d55c48a752fa09c25f4d51989be8c371e9c8c236efcde3?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/549e84882178b79d27d55c48a752fa09c25f4d51989be8c371e9c8c236efcde3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/549e84882178b79d27d55c48a752fa09c25f4d51989be8c371e9c8c236efcde3?s=96&d=mm&r=g","caption":"Diego Navarro"},"description":"Diego Navarro analiza DeFi, DEXes, perpetuals, hacks, movimientos Smart Money y actividad vinculada a Ethereum. Su cobertura se centra en leer datos on-chain, liquidez, apalancamiento y riesgos de protocolo con cuidado, diferenciando entre lo que muestran las m\u00e9tricas y las conclusiones que todav\u00eda no est\u00e1n respaldadas.","url":"https:\/\/thecryptocurrencypost.net\/es\/author\/diego\/"}]}},"_links":{"self":[{"href":"https:\/\/thecryptocurrencypost.net\/es\/wp-json\/wp\/v2\/posts\/71212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thecryptocurrencypost.net\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thecryptocurrencypost.net\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thecryptocurrencypost.net\/es\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/thecryptocurrencypost.net\/es\/wp-json\/wp\/v2\/comments?post=71212"}],"version-history":[{"count":1,"href":"https:\/\/thecryptocurrencypost.net\/es\/wp-json\/wp\/v2\/posts\/71212\/revisions"}],"predecessor-version":[{"id":71224,"href":"https:\/\/thecryptocurrencypost.net\/es\/wp-json\/wp\/v2\/posts\/71212\/revisions\/71224"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thecryptocurrencypost.net\/es\/wp-json\/wp\/v2\/media\/71211"}],"wp:attachment":[{"href":"https:\/\/thecryptocurrencypost.net\/es\/wp-json\/wp\/v2\/media?parent=71212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thecryptocurrencypost.net\/es\/wp-json\/wp\/v2\/categories?post=71212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thecryptocurrencypost.net\/es\/wp-json\/wp\/v2\/tags?post=71212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}