CryptoQuant Founder: The leverage rate in the BTC-USDT perpetual contract market is too high, caution is needed
On November 13, Ki Young Ju, the founder and CEO of CryptoQuant, posted on platform X saying: "The leverage in the BTC-USDT perpetual contract market is too high, 2.7 times higher than at the beginning of this year, setting a new historical record. I have carefully checked the data and it is accurate. Stay cautious."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Data: Whales have cumulatively withdrawn approximately 13.4 million USDT from a certain exchange.
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