Highlighting Risk: These Crypto Coins Carry The Most Leverage
Crypto leverage has been high across some particular digital assets in the space. Global open Interest in the space still sits at a reasonable point currently, but some assets boast significantly higher open interest to market cap ratios than others. Thus, this report will be examining the leverage for these assets to see which ones carry elevated leverage. Altcoins Lead In Leverage Bitcoin and ethereum no doubt still command the largest share of the global crypto open interest but when it comes to the percentage of their market cap which their open interest commands, it falls short when....
Related News
On-chain data shows Bitcoin investors have been afraid to take risk recently as the leverage ratio has remained low in the last few days. Bitcoin Leverage Ratio Remains Low In Past Few Days As pointed out by an analyst in a CryptoQuant post, investors haven’t taken much risk since the surge in the crypto’s price a few days back as leverage in the market is low at the moment. A relevant indicator here is the “open interest,” which shows the total amount of Bitcoin futures contracts currently open on all derivatives exchanges. The “estimated leverage....
Crypto.com has fallen victim to a hack. The crypto exchange announced this in the early hours of Monday after users complained of suspicious activity on their accounts. It is the first centralized exchange to succumb to a hack for the year 2022 coming out of the year 2021 which was riddled with numerous hacks that saw exchanges and users alike lose billions. Crypto.com (CRO) Gets Hacked Users of the Crypto.com exchange began experiencing issues with their accounts. Subsequently, these users realized that their accounts had been hacked and they were missing cryptocurrencies from their....
On-chain data shows the Bitcoin leverage ratio still has a very high value, a sign that has usually proven to be bearish for the crypto in recent months. Bitcoin Exchange Leverage Ratio Has Been Going Up In Recent Weeks As pointed out by an analyst in a CryptoQuant post, the BTC all exchanges leverage ratio is still quite high, suggesting that the crypto could still see further downtrend. The “leverage ratio” is an indicator that is defined as the ratio between the open interest and the all derivatives exchange reserve. Here, the “open interest” is a measure of the....
A quant has explained how the current large Bitcoin leverage ratio values can help bring a turnabout to the crypto’s price. Bitcoin Leverage Ratio Rises To Values Greater Than During The ATH As explained by an analyst in a CryptoQuant post, the massive leverage ratio right now might help BTC’s price reverse its trend. The “Bitcoin leverage ratio” is an on-chain indicator that is defined as the open interest divided by the (derivative) exchange reserve. Here, the “open interest” is a measure of the amount of futures contracts currently open in the....
The Bitcoin leverage ratio is showing a sell signal right now, indicating that the market could turn bearish, at least in the short term. Bitcoin Leverage Ratio Says Not A Good Time To Buy Right Now As pointed out by a CryptoQuant post, the estimated leverage ratio indicates that this might not be the best time to buy BTC. The all exchanges estimated Bitcoin leverage ratio is an indicator that’s calculated by taking the ratio of open interest divided by the reserves of all exchanges. Estimated Leverage Ratio = Open Interest ÷ Amount of Reserve For those unfamiliar with futures....