Open interest fell 2. 65% and funding stayed near baseline, pointing to leverage clearing rather than longs rebuilding. The post Bitcoin weekend blip wiped out $250M in over leveraged long traders while open interest weakens appeared first on CryptoSlate .

Source: [CryptoSlate](https://cryptoslate.com/bitcoin-weekend-dip-wiped-out-250m-in-leveraged-long-traders-while-open-interest-weakens/)

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