PEPE JUST GOT THE ULTIMATE REKT TREATMENT
Down 12%+ while the whole market flushes leveraged longs hard.
$9M+ in PEPE liquidations nearly all longs.
Memecoins don't care about diamond hands when open interest collapses and funding flips.
$PEPE
$DOGE
$BTC
What does the combination of collapsing OI and mostly-long liquidations tell you about remaining leverage risk into the next funding window?