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TechFlow, October 21 — On-chain data analytics platform Glassnode posted on social media, "Bitcoin open interest has decreased by approximately 30%, clearing excessive leverage from the market. Funding rates are now close to neutral levels, making it unlikely for the market to experience another large-scale liquidation."
On-chain data analysis platform Glassnode stated on social media, "Bitcoin open interest has decreased by approximately 30%, clearing excessive leverage from the market. Funding rates are now close to neutral levels, making it unlikely for the market to experience another large-scale liquidation."
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