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Analysis: BTC-USDT futures market is becoming over-leveraged
2024-10-17 19:10
BlockBeats news, on October 17, CryptoQuant founder Ki Young Ju wrote, "The BTC-USDT futures market is becoming over-leveraged. This is calculated by dividing the open interest of BTC-USDT by the USDT reserves of major trading platforms.
This includes USDT on Ethereum and TRON networks, which together account for 97% of USDT's market value, making this calculation quite accurate."
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2024-10-16 21:44
2024-10-17 16:18
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2024-10-17
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