A healthy detail under the 🔶 $BTC tape: the leverage got flushed out.


Funding rates cooled about 84% in a day, liquidations are near multi-week lows, and open interest is off its highs. A deleveraged market has less speculative fuel, which means less squeeze risk on the way up but also less forced-seller risk on the way down.
#BTC #Bitcoin
BTC0.69%
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