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![justh0dl Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::30735553.png) just jay [@justh0dl](/creator/twitter/justh0dl) on x 2769 followers
Created: 2025-07-22 01:26:55 UTC

@zerosandohs @mikewmunz Look at the open interest.

In short, open interest = leverage.

More and more leverage is required to sustain lower token prices. imo it will eventually unwind. For example eth has 2.5x more leverage than 2021, & xrp has more than 5x.


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947468367880757364/c:line.svg)

**Related Topics**
[token](/topic/token)
[ethereum](/topic/ethereum)
[coins layer 1](/topic/coins-layer-1)

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