This Is Why Altcoins Are Bleeding Despite No Major Bearish News – Blockonomi
TLDR: Altcoins are falling due to excess leverage, with crowded long positions increasing market fragility. Positive funding rates show imbalances, making altcoins vulnerable without negative news triggers. Declining open interest confirms deleveraging is driving the selloff, not retail panic selling. Spot buyers remain limited, allowing derivatives-driven liquidations to dominate price action. Altcoins are bleeding despite…
