🚀 Bitcoin’s latest ~22% rally came with LESS leverage, not more.

Coin-denominated open interest has dropped 11% to a one-month low, while USD open interest is up only 8%.

That’s a healthier rally — price is rising without excessive leverage piling in. 📈 $BTC
#BTC #BitcoinRises23.6%Weekly #BitcoinOpenInterestFallsToTwoMonthLow