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📊 #BTC CQ: the market has experienced a significant drop in leverage, reaching levels we haven't seen since China banned BTC mining in 2021. This sharp drop indicates that leveraged positions, and therefore open interest, are rapidly shrinking.



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📊 #BTC CQ: the market has experienced a significant drop in leverage, reaching levels we haven't seen since China banned BTC mining in 2021. This sharp drop indicates that leveraged positions, and therefore open interest, are rapidly shrinking.

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