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TRX $0.3294 -0.23%
DOGE $0.0692 +0.05%
ADA $0.1616 -3.16%
BCH $209.94 -0.88%
LINK $8.27 -2.04%
HYPE $57.14 -2.70%
AAVE $91.25 -5.15%
SUI $0.7053 -5.05%
XLM $0.1768 -3.48%
ZEC $477.12 -6.16%

Greeks.live: Bitfinex green leaf lending rates suddenly surge, possibly a strong bull market signal

2024-10-22 22:39:57
Collection

ChainCatcher message, Greeks.live macro analyst Adam posted on platform X: "The interest rate for Bitfinex green leaf lending has suddenly surged, with multiple orders borrowed at a high annualized rate of 30% today. In the case of a slight market pullback, spot whales have begun to significantly increase their positions, which can be said to be cost-agnostic. This is a strong bullish signal; borrowing at an annualized rate of 30% has been an accurate signal of a major bull market in the past two years."

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