M#BTC
Weekend Volatility Recap ๐๐
Bitcoin saw wild swings over the weekend, shaking up the futures market:
๐ป #28.6M long liquidations
๐ป #25.2M short liquidations
Both sides got hit hard as traders reacted to fast-moving news and uncertainty.
Open interest dropped 7% (from 360K to 334K BTC), showing clear de-leveraging.
A tough reminder: leverage cuts both ways โ manage your risk, especially on weekends.