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ETH $2,484.66 -0.29%
BNB $749.40 +1.30%
XRP $1.43 +2.44%
SOL $103.23 -0.85%
TRX $0.3386 +1.28%
DOGE $0.0898 -0.25%
ADA $0.2217 +0.84%
BCH $257.25 -1.28%
LINK $12.61 -1.30%
HYPE $84.54 -0.56%
AAVE $129.15 -2.33%
SUI $0.8125 -1.43%
XLM $0.1889 -1.72%
ZEC $1,155.29 -0.07%

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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