Bitcoin’s Descent: A $8B Nightmare in the Digital Gulag

Behold, the derivatives’ dance of death! Open Interest, that faithful servant of leverage, has retreated like a beaten dog, leaving behind a trail of liquidations and hollow promises. The selloff, they say, was not born of sustained selling but of a mechanical ballet of forced exits-a ritual as ancient as capitalism itself, where the weak are purged and the strong are left to ponder their next move.




