$BTC : Exchange open interest touched all-time-high levels earlier this year, and even after the recent price pullback, OI has stayed elevated near those levels.
Leverage that doesn't unwind alongside price is usually a sign positioning is still crowded in the system, not flushed out.
When OI holds steady while price cools, it often sets up sharper volatility once the leverage does clear, in either direction.
This is exactly the kind of setup where a Strategy Stress Test matters, knowing how a strategy holds up under a sudden leverage flush before capital is on the line.
#OpenInterest #BTC #TradingStrategy
Leverage that doesn't unwind alongside price is usually a sign positioning is still crowded in the system, not flushed out.
When OI holds steady while price cools, it often sets up sharper volatility once the leverage does clear, in either direction.
This is exactly the kind of setup where a Strategy Stress Test matters, knowing how a strategy holds up under a sudden leverage flush before capital is on the line.
#OpenInterest #BTC #TradingStrategy
