{"id":53049,"date":"2025-10-15T16:46:48","date_gmt":"2025-10-15T16:46:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=53049"},"modified":"2025-10-15T16:46:48","modified_gmt":"2025-10-15T16:46:48","slug":"crypto-native-traders-not-tradfi-drove-bitcoins-largest-deleveraging-event","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=53049","title":{"rendered":"Crypto-Native Traders, Not TradFi, Drove Bitcoin\u2019s Largest Deleveraging Event"},"content":{"rendered":"<div>\n<p>Friday was the<a href=\"https:\/\/www.coindesk.com\/markets\/2025\/10\/12\/friday-s-usd20b-crypto-market-meltdown-a-bitwise-portfolio-manager-s-postmortem-analysis\"> largest liquidation<\/a> event on a nominal basis in crypto history. The scale of deleveraging is best understood by looking at open interest (OI) \u2014 the total value of outstanding futures and perpetual contracts that have not yet been settled.<\/p>\n<p> Glassnode&#8217;s data shows before Friday\u2019s sell-off, bitcoin open &#8230;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Friday was the largest liquidation event on a nominal basis in crypto history. The scale of deleveraging is best understood by looking at open interest (OI) \u2014 the total value of outstanding futures and perpetual contracts that have not yet been settled. Glassnode&#8217;s data shows before Friday\u2019s sell-off, bitcoin open &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-53049","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/53049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53049"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/53049\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}