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2024-06-11 16:02:24

Bitman on Nostr: Price dropping with reduced funding and a decrease in open interest. A lot of ...

Price dropping with reduced funding and a decrease in open interest.

A lot of leverage was piled up this weekend while the price was consolidating, and now the price is liquidating long positions and clearing leverage.

Over $2 billion has been withdrawn from perpetual contracts.
Author Public Key
npub1z204rz2az24ne8xuym9j90dmnh533e03elucjslnsc802wjyrqps6vmxwn