Greeks.live: Greenleaf lending rates and long positions show that whales are placing long orders
2024-09-03 01:50:47
Odaily News Adam, an analyst at Greeks.live, wrote on the X platform, "Since 19:00 on September 2, Beijing time, the Green Leaf lending market has continued to see borrowing opportunities with an annualized interest rate of more than 20% in the past 10 hours. At the same time, since August 28, the net increase in BTC margin long positions has been 3,000. Green Leaf lending interest rates and long positions have always been leading indicators of the bull market. The previous two major surges also saw a significant increase in interest rates and long positions. At the same time, the options market has also begun to see a large number of large call option transactions, accounting for 30% of the total transactions on the day. The whales are fully deploying long orders."
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