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PG_HienTrader
Pretty f*cking insane how much positioning is building into this $BTC sell-off.
Open interest has increased almost 30% since the local top at $87K, and is now at its highest levels since 2023.
All while price has continued lower with barely any relief.
Literally shorts stacked on top of shorts.
You’d think a squeeze back above $72K to clear out some of those positions would be next on the agenda.
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