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Glassnode: The contract size of the Meme zone has shrunk significantly without closing positions, and the 7-day average decrease of DOGE reached 58.45%.
The contract size of Memezone has shrunk sharply, with DOGE falling by 58.45%, and PEPE, BONK, and WIF falling by over 70% respectively. SHIB and FLOKI also experienced significant declines. This reflects the withdrawal of leveraged funds from Memezone and a shift in market sentiment