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CryptoQuant CEO: Whales only use a large amount of leverage at cyclical bottoms, the current market is not overly leveraged
Bitget2024/07/13 02:34
CryptoQuant CEO Ki Young Ju posted on platform X, stating that whale users only use a large amount of leverage at cyclical bottoms. Ironically, when whales go long, the Bitcoin market becomes over-leveraged and the trend rebounds. If the leverage rate of whale users is too high, it would be great, but this is not the case now. We need to trade like whales.
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