Post
MAVRICK13
THE #TRADING DESKS ARE BUSY. THEIR POSITIONS ARE SHRINKING.
Crypto derivatives turnover: +19% to $226.6B.
Open interest: -2.46% to $141.8B.
Liquidations: +52% to $431.1M.
DeFi took a heavier hit:
$CRV -8.2% | $ENA -7.2%
This looks more like leverage being flushed than fresh conviction entering.
The signal to watch next: does open interest rebuild alongside price?
#DeFi #CRV #ENA #Crypto
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