Bitcoin Leverage on Major Exchanges Hits Top 5% of All-Time Levels as Stablecoin Reserves Shrink

BTC-0.81%
According to CryptoQuant analyst Crazzyblockk, Bitcoin leverage on major exchanges hit its top 5% of all-time levels on July 16, while stablecoin reserves continue to shrink, creating significant spot liquidity shortages. Borrowed margin has substantially exceeded the volume of available spot buying power, intensifying deleveraging risks.
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