In this episode, Scott Melker explains why tiny price moves are triggering massive liquidations, what’s breaking in crypto market structure, and why leverage is the real threat hiding beneath the surface.We cover why billions are getting wiped out on 2–3% moves, how traders are abusing leverage, and why this cycle feels different from past Bitcoin drawdowns. Scott also breaks down the macro forces nobody is watching, including Japan’s bond market and how uncertainty is keeping crypto trapped in a dangerous regime.
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