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ETH $1,592.68 -9.18%
BNB $574.14 -4.29%
XRP $1.10 -4.71%
SOL $64.29 -5.25%
TRX $0.3216 -2.82%
DOGE $0.0824 -5.56%
ADA $0.1597 -11.79%
BCH $217.21 -10.57%
LINK $7.42 -6.25%
HYPE $59.43 -8.39%
AAVE $62.74 -10.70%
SUI $0.7045 -7.63%
XLM $0.2030 +1.34%
ZEC $372.27 -19.95%

分析师:8 月比特币期货杠杆率激增,市场波动和清算风险提升

2025-08-13 14:08:02
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ChainCatcher 消息,CryptoQuant 分析师 Axel Adler Jr 发文表示,“2025 年 8 月,比特币期货预估杠杆率(ELR)30 天变化达到了过去五年来的最高水平,超过了+0.4 的临界值。此前这一阈值通常出现在杠杆率高企和市场脆弱性加剧的顶峰时期。

这意味着在价格接近历史高点时,期货市场中大量快速涌入杠杆头寸,可能导致市场波动加剧和剧烈强制平仓的风险提升。”

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