I agree with this. Leverage was wrecked $BTC, especially with Wall Street now involved too. October 10 broke something and despite the huge liquidations that day, people are still rushing into leveraged positions and getting routinely liquidated. Only once this is cleared out,

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TheFutureOfBSVHasCovip
· 12-15 23:47
As long as there is trading, there will be leverage. It's just that sometimes it's on-chain contracts, and other times it's over-the-counter lending.
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