Definition of a leverage driven pump' — 5 Things t

• BTC price action challenged $64,000 after the weekly close, but high leverage levels make observers suspicious.
 
• A slew of macro data prints is due to facilitate a week fraught with potential volatility.
 
• Onchain data suggests that Bitcoin’s long-term holders are reducing risk this month.
 
• Short-term holders are meanwhile under the microscope as leverage and open interest both rise precipitously.
 
• Is Uptober canceled? Some perspectives maintain that BTC/USD will return in time for the monthly close.