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ETH $2,484.32 +0.17%
BNB $752.65 +1.99%
XRP $1.42 +2.38%
SOL $103.25 -0.05%
TRX $0.3386 +1.37%
DOGE $0.0897 +0.01%
ADA $0.2198 +1.19%
BCH $257.91 +0.27%
LINK $12.50 -1.06%
HYPE $84.74 -0.05%
AAVE $129.11 -1.21%
SUI $0.8106 -0.28%
XLM $0.1884 -1.28%
ZEC $1,174.06 +4.92%

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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