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PG_HienTrader
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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