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#MSTR Michael Saylor hints at buying more Bitcoin.
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๐๐ #ETH Open Interest down ~50% since August Ethereumโs Open Interest today is worth roughly half of what it was in August, indicating a significant reduction in market risk. This move suggests that institutions and large whales have closed leveraged ETH positions en masse, reducing exposure and speculative pressure. Current Open Interest distribution by exchange: Binance โ $7.64B (31%) Gateio โ $3.72B (15%) HTX (ex-Huobi) โ $3.12B (12.65%) Bybit โ $2.53B (10.25%) HyperLiquid โ $2.51B (10.18%) Bitget โ $1.79B (7.25%) What does this tell us? - Strong deleverage across the ETH market - Lower probability of explosive moves in the short term A more defensive and cautious environment, typical of consolidation phases or preparation for the next trend leg. However, historically, deep drops in Open Interest often precede major structural movesโeither a continuation to the downside with less leverage, or a healthier reversal.
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๐๐ค #BTC Monthly exchange flows have surged to $10.9 billion โ the highest since May 2021, a level historically linked to major market shifts.
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LIGHTUSDT - SHORT๐ $LIGHT โ Take: 2.8856 โStop: 4.5700
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๐๐ค #USDT and #USDC now average $192 billion per day in transfers, nearly 2x the top five crypto assets combined. On-chain liquidity is increasingly driven by stablecoins, not native tokens. #stablecoin
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๐๐ค #BTC spot demand is cooling. This cycle saw three major demand waves, but the latest one looks to be topping out. Since early October, demand has stayed below trend, which could weigh on price.
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