🚨 $BTC LEVERAGE IS GETTING WIPED OUT! 👀🔥
Bitcoin just saw around 13,600 BTC in open interest disappear in 24 hours, while the price barely moved.
That’s an interesting signal. Instead of a major sell-off, the market appears to be clearing excess leverage.
📉 Lower OI
📊 Price holding steady
🧹 Leverage getting flushed
If this continues, BTC could have a healthier setup with less liquidation pressure sitting above the market.
Watch BTC closely. The next move could be interesting. 👀
#BTC #bitcoin #Crypto
Bitcoin just saw around 13,600 BTC in open interest disappear in 24 hours, while the price barely moved.
That’s an interesting signal. Instead of a major sell-off, the market appears to be clearing excess leverage.
📉 Lower OI
📊 Price holding steady
🧹 Leverage getting flushed
If this continues, BTC could have a healthier setup with less liquidation pressure sitting above the market.
Watch BTC closely. The next move could be interesting. 👀
#BTC #bitcoin #Crypto