Benson Sun: Leveraged positions in altcoin contracts have declined significantly amid recent declines
According to ChainCatcher news, crypto KOL and former FTX community partner Benson Sun posted on social media that Bitcoin has returned to above US$66,000, but the total contract holdings of altcoins are lower than when Bitcoin was at US$40,000. After After the sharp decline in the past few days, the copycat leverage in this bull market may have been thoroughly cleaned, and the copycat season may be coming.
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.
You may also like
a16z | Quantum Computing and Blockchain: Matching "Urgency" with Real Threats
Wall Street Finally Couldn't Resist: Altcoin ETF Officially Enters the Main Arena

The "final battle" of crypto treasuries: The bottom-fishing myth is collapsing
