CryptoQuant founder: BTC-USDT perpetual contract market leverage hits record high, still holds long-term bullish view
2024-11-13 12:03:46
Odaily News Ki Young Ju, founder of CryptoQuant, posted on the X platform that the current leverage of the BTC-USDT perpetual contract market has hit a record high, 2.7 times that of the beginning of the year. Ki Young Ju added that he is not sure how high the price will rise, but when leverage of this scale begins to close, the pain will not be small, but he still holds a long-term bullish view.
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