The open interest of major alts contracts has reached a new high, raising concerns over the market leverage.

According to data from the data platform, the current open interest for top alts contracts has reached 47 billion dollars, setting a new historical high.

Analysis indicates that this situation highlights the increase in market leverage, making it more susceptible to significant price fluctuations. The rise in leverage amplifies both upward and downward trends, thereby creating a more fragile market environment.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
Frontrunnervip
· 08-13 01:41
It's important to leave the scene to ensure safety.
View OriginalReply0
ETHReserveBankvip
· 08-13 01:36
Bullish traders are preparing to cut loss and rug pull.
View OriginalReply0
GateUser-beba108dvip
· 08-13 01:32
Let's have a big dump to play people for suckers.
View OriginalReply0
MEVHunterWangvip
· 08-13 01:26
Have all the bears run away?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)