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BTC Spot Trading Is Finally Waking Up Bitcoin’s been bleeding since Oct 6, and over-leveraged traders just got wiped out, almost $5B OI vanished on Binance triggering massive liquidations. But here’s the important part: spot trading volume is rising exactly as leverage gets wiped out. This means money is rotating from leveraged bets to actual spot buying. If this flow continues, any recovery from here will likely be stronger and more stable than the last few weeks.