Longs Paying the Price as Open Interest Levels Continue Declining

SOL
ETH
BTC

📉 Bitcoin has now fallen to a 2-month low, with most altcoins faring far worse. With many traders buying the dip when BTC was nearing $60K, longs have been liquidated aggressively the last couple hours. This goes for other top caps like Ethereum and Solana as well.
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