Bitcoin’s Great Purge: Leverage Dies, Hope Survives? 🤔💀
Behold, the data speaks! Open interest, that fickle measure of futures contracts, has plummeted by 21% in the past 90 days-a nosedive so steep it rivals the despair of a man realizing his life’s work was but a folly. This is the sound of traders retreating, tails between their legs, as liquidations cleanse the overleveraged from their midst. Oh, the irony! The very instruments of their ambition become the noose around their necks.





