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ETH $1,618.93 +3.96%
BNB $588.97 +2.44%
XRP $1.12 +2.21%
SOL $64.28 +3.07%
TRX $0.3278 +2.23%
DOGE $0.0838 +2.49%
ADA $0.1618 +2.14%
BCH $223.31 +2.14%
LINK $7.70 +4.45%
HYPE $57.76 -1.69%
AAVE $62.31 +2.46%
SUI $0.7435 +3.23%
XLM $0.2031 +1.42%
ZEC $414.84 +15.72%

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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