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ETH $2,485.40 -0.38%
BNB $750.94 +1.51%
XRP $1.41 +1.05%
SOL $103.14 -0.98%
TRX $0.3379 +1.02%
DOGE $0.0897 -1.10%
ADA $0.2210 +0.19%
BCH $256.58 -1.53%
LINK $12.53 -2.08%
HYPE $84.31 -1.18%
AAVE $129.10 -2.56%
SUI $0.8113 -2.51%
XLM $0.1882 -2.24%
ZEC $1,158.63 +0.42%

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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