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⚠️ Market just saw the biggest Open Interest wipeout of this entire cycle
Overleveraged positions got deleted in seconds massive liquidations across the board.
Since Q2 2024, we’ve had 3 major OI flushes:
🔸 ~30%
🔹 ~35%
🔸 and now ~40% the biggest one yet
But here’s the crazy part 👇
Every time OI nukes this hard, the next quarter makes new highs
Both OI and Bitcoin have followed this pattern again and again
If history repeats…
Next quarter could be another fresh ATH setup for OI and BTC
#BTC #Bitcoin #OpenInterest #Crypto #MarketUpdate