CryptoQuant founder: BTC-USDT perpetual contract market leverage hits record high, still holding a long-term bullish view
2024-11-13 12:14:31
CryptoQuant founder Ki Young Ju posted on the X platform that the current BTC-USDT perpetual contract market leverage hit a record high, 2.7 times higher than at the beginning of the year. Ki Young Ju added that it is not sure how high the price will rise, but when leverage of this scale starts to position squaring, the pain will not be small, but it still holds a long-term bullish view.
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