Bitcoin leverage ramps up as BTC’s margin long-to-shorts ratio hits a record $2.5B high

Bitcoin leverage ramps up as BTC’s margin long-to-shorts ratio hits a record $2.5B high

Market Analysis
March 3, 2023 by secret
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[ad_1] Crypto traders’ urge to create leverage positions with Bitcoin (BTC) appears irresistible to many people, but it’s impossible to know if these traders are extreme risk-takers or savvy market-makers hedging their positions. The need to maintain hedges holds even if traders rely on leverage merely to reduce their counterparty exposure by maintaining a collateral