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Analyst: The use of leverage on CEX has reached an annual high, which could increase the risk of significant price fluctuations

Analyst: The use of leverage on CEX has reached an annual high, which could increase the risk of significant price fluctuations

Bitget2024/10/10 23:13

Analyst Ali posted that the use of crypto exchanges just hit a yearly high, meaning more people are borrowing to make bigger bets. This can increase the risk of big price swings, so it’s important to be cautious!

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Placeholder partner: After the recent sharp decline in the crypto market, sustained buying is unlikely in the short term; BTC may be repurchased if it falls to $75,000 or below.

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