The cost of long-side leverage in the Bitcoin market has dropped dramatically from $120M per month during the March peak to just $10.8M now, after hitting a low of $1.7M in mid-September. While there's been a slight uptick in leveraged long positions recently, it's still far below January 2023 levels. This sharp decline indicates a significant cooling in the market during the current correction, suggesting reduced speculative interest among traders.$BTC #MemeCoinTrending #SCRSpotTradingOnBinance #USRetailSalesBoost #TeslaTransferBTC