CryptoQuant CEO Ki Young Ju: BTC-USDT perpetual contract leverage ratio is cooling down
According to Odaily, CryptoQuant CEO Ki Young Ju stated that the BTC-USDT perpetual contract leverage ratio is cooling down. He further added that as MSTR and ETF inflows no longer prevent excessive long positions from being liquidated, this indicator is returning to levels seen before ETF approval.
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.
You may also like
BTC surpasses $71,000
Euro Falls as US Dollar gains on inflation concerns, Fed rate hike bets
AMD (AMD.US) Enters the "Trillion-Dollar Quantum Track": Partners with PsiQuantum to Develop Fault-Tolerant, Practical-Scale Quantum Infrastructure and Plans to Invest
AMD announced that it has expanded its partnership with PsiQuantum to jointly design infrastructure capable of supporting the operation of fault-tolerant, practical-scale quantum computers.
While the industry faces turmoil, "Nvidia-backed" Nscale presses ahead for NYSE listing! New IPO prospectus reveals 1,344% surge in revenue but a quarterly net loss of $1.69 billion
Nscale, a "New Cloud" provider backed by Nvidia, submitted its latest filing for an initial public offering (IPO) in the United States on Thursday.
Crypto prices
More
