High leveraged longs have been wiped out once again, leaving many traders with nothing but dust after today’s move in $BTC.

Following the drop, Open Interest and Net Position Delta both saw a sharp decline, confirming a fast unwinding across the market.

A significant wave of long liquidations hit, while short buildup ahead of the move was relatively limited.

In simple terms, the downside wasn’t driven by aggressive shorting — it was mostly a forced flush of over-leveraged longs.

#MicronHitsRecordHigh #SpaceXLosesOver$600BInThreeDays #BinanceMarginToListXLMTradingPairs #SPCXFalls17.44%InPreMarketTo$148.34