Bitcoin’s Leverage Ratio Hits Two-Year High, Indicating Possible Correction Ahead

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BitcoinWorld 2w ago

Bitcoin’s Leverage Ratio Hits Two-Year High, Indicating Possible Correction Ahead - BitcoinWorld

Quick Summary:

Bitcoin’s Leverage Ratio Hits Two-Year High, Indicating Possible Correction Ahead According to recent data shared by crypto insights platform Satoshi Club (@esatoshiclub) using analysis from IntoTheBlock, Bitcoin’s leverage ratio has surged to levels not seen since the collapse of the FTX exchange.

As of recent data, Bitcoin’s leverage ratio has reached a two-year high, signaling an intense level of risk-taking in the market.

When leverage reaches high levels, even small price changes can trigger mass liquidations, leading to a “deleveraging” event that rapidly drives prices down.