🔴 Traders claimed they cut risk, but data shows the opposite. Leverage ratios actually spiked into Bitcoin's drop toward $80,000, triggering a massive $1 billion liquidation 🩸 flush. With open interest washed out to $142 billion but leverage ratios still elevated, the primary target for downside liquidity sits near $75,000 ⚡ unless spot demand steps up.
Will Bitcoin hold $80,000 support, or will futures markets push prices down to clear liquidations at $75,000? 👇
#bitcoin #leverage #liquidations #derivatives #futures
Will Bitcoin hold $80,000 support, or will futures markets push prices down to clear liquidations at $75,000? 👇
#bitcoin #leverage #liquidations #derivatives #futures