CryptoQuant: Whales only use large leverage at cyclical bottoms, and the current market is not overly leveraged
ChainCatcher news, CryptoQuant CEO Ki Young Ju posted on social media that whale users only use a large amount of leverage at periodic bottoms. Ironically, when whales go long, the Bitcoin market becomes over-leveraged, and the trend rebounds.
If the leverage ratio of whale users is too high, that would be great, but that is not the case now. We need to trade like whales.
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