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ETH $2,485.21 -0.26%
BNB $752.50 +1.70%
XRP $1.42 +1.46%
SOL $103.37 -0.46%
TRX $0.3388 +1.42%
DOGE $0.0900 -0.63%
ADA $0.2195 -0.57%
BCH $258.62 +0.01%
LINK $12.53 -1.70%
HYPE $84.98 -0.18%
AAVE $128.83 -2.47%
SUI $0.8111 -0.84%
XLM $0.1879 -3.06%
ZEC $1,178.83 +3.38%

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

2024-10-22 22:39:57

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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