According to @MilkRoadDaily, BTC futures open interest fell from $44.8B to $42.7B after last week’s dip, based on Glassnode data cited in the post (source: Milk Road on X; data: Glassnode). @MilkRoadDaily characterizes the $2.1B decline, roughly a 4.7% drop, as a leverage flush and a mini reset that could set up a cleaner path for the next move higher in BTC (source: Milk Road on X; data: Glassnode).