Open Interest just told the whole story.



As $BTC pushed toward $120K+, OI exploded past $45B.
Leverage piled in. Confidence peaked.

Then price rolled over… and OI collapsed with it.

That wasn’t just a pullback.
That was a full leverage flush.

Now OI sits near $30B while price trades around mid-$80Ks.

Less leverage.
Cleaner structure.
Fuel resetting.

The next real move won’t come from hype —
It’ll come from positioning.

Smart money watches OI. 👀

#Bitcoin #BTC #Crypto #OpenInterest #Derivatives
BTC-2,6%
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