CryptoQuant Founder: BTC-USDT Perpetual Contract Market Leverage Hits All-Time High, 2.7x Higher Than the Beginning of the Year

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BlockBeats News, November 13th, CryptoQuant founder Ki Young Ju tweeted on social media that the current BTC-USDT perpetual futures market leverage has hit an all-time high, at 2.7 times the level at the beginning of the year. Ki Young Ju added that he is uncertain how high the price will rise, but when leveraged at this scale starts to unwind, the pain will not be small, yet he still holds a long-term bullish view.