Greeks.live: Bitfinex green leaf lending rate suddenly rises or is a bullish signal

Odaily News Adam, a macro analyst at Greeks.live, wrote on the X platform: "The interest rate of Bitfinex Green Leaf Lending has suddenly risen sharply. Today, many orders were lent at a high annualized interest rate of 30%. In the case of a slight correction in the market, large spot traders began to increase their positions in large quantities, regardless of cost. This is a strong bull market signal. In the past two years, the annualized interest rate of 30% for lending has been an accurate signal of a bull market."