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THIS IS WHY ALTCOINS ARE BLEEDING
Nobody knows what they’re talking about, so I’ll explain everything.
People need to stop saying retail is gone, that’s not the story.
This move isn’t coming from small players, and the timing is not random.
Here’s the real explanation:
This pressure is coming from funding and leverage.
Over the last few weeks, altcoin funding rates turned aggressively positive.
That means:
– Too many longs
– Too much leverage
– Too many positions