Analyst: The use of leverage on CEX has reached an annual high, which could increase the risk of significant price fluctuations
Bitget2024/10/10 23:13
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Analyst Ali posted that the use of crypto exchanges just hit a yearly high, meaning more people are borrowing to make bigger bets. This can increase the risk of big price swings, so it’s important to be cautious!

0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Crypto prices
MoreBitcoin
BTC
$78,119.16
-1.77%
Ethereum
ETH
$2,473.46
-1.54%
Tether USDt
USDT
$0.9996
-0.03%
BNB
BNB
$718.25
-5.08%
XRP
XRP
$1.38
-3.53%
USDC
USDC
$1.0000
+0.00%
Solana
SOL
$101.17
-3.21%
TRON
TRX
$0.3399
+0.21%
Hyperliquid
HYPE
$83.21
-3.84%
Zcash
ZEC
$1,220.37
-2.58%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now