17%—gone.
Some say this is healthy deleveraging.
I don’t think it’s healthy. Nobody dares to use leverage anymore.
Binance BTC open interest fell from $10.6 billion to $8.8 billion in less than a month, while liquidations hit their highest level since 2021.
Does a cleanout of leverage mean we’ve hit bottom, or is the bear market just getting started?
Which side are you on?
@BinanceNews #BTC #Binance
Some say this is healthy deleveraging.
I don’t think it’s healthy. Nobody dares to use leverage anymore.
Binance BTC open interest fell from $10.6 billion to $8.8 billion in less than a month, while liquidations hit their highest level since 2021.
Does a cleanout of leverage mean we’ve hit bottom, or is the bear market just getting started?
Which side are you on?
@BinanceNews #BTC #Binance
