Andrew Kang: ETH leverage ratio has returned to the level during the ETF hype, which may put pressure on ETH
2024-10-10 08:54
Odaily News Andrew Kang, co-founder of Mechanism Capital, wrote on the X platform: "ETH leverage has returned to the level during the ETF hype. Is there a good reason to explain that this phenomenon is driven by non-directional long positions? If not, then this will put pressure on ETH."
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BTC breaks through 102,000 USDT, up 1.07% in the last 24 hours.
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