In short

  • Traders added leveraged positions during the 10/10 anniversary week instead of unwinding them.

  • More than $1 billion in bull positions wiped out as Bitcoin price approached $80,000.

  • Financing costs well below 2025, but the fear gauge is still at greed.

Read the original story of Crypto's 10/10 trauma: did traders really unwind for the anniversary by Lockridge Okoth: nl.beincrypto.com