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Matrixport: Leveraged positions in Bitcoin and Ethereum are being liquidated at an accelerated rate

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2025-11-17 04:35:03
Matrixport released a daily chart analysis that the current market is in a clear deleveraging stage, and the risk of maintaining high positions is rising. Ethereum's unpositioned squaring contract size has fallen by 50%, indicating that leveraged funds are rapidly contracting.
Against this backdrop, overall risk appetite is under pressure. Bitcoin is approaching the key support level of $93,000, and interzone liquidity could weaken further in the near future.
The highly crowded futures long positions in the fourth quarter have been basically cleared, and the pressure on the leverage side has been released in stages. The next thing to pay attention to is that ETF positions are currently relatively concentrated; if the market continues to weaken, this part of the funds may have further demand for reduction, which will bring new liquidity pressure.
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1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
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