BTC $85,152.69 +1.00%
ETH $2,691.48 +0.26%
BNB $773.79 +0.93%
XRP $1.50 +1.05%
SOL $119.93 +2.09%
TRX $0.3361 +0.48%
DOGE $0.0951 +0.85%
ADA $0.2528 +2.62%
BCH $312.30 +1.54%
LINK $14.21 -0.77%
HYPE $89.29 +2.31%
AAVE $184.06 +10.03%
SUI $1.17 +1.25%
XLM $0.2215 +1.22%
ZEC $1,370.55 -0.17%
AAPL $333.03 +1.35%
AMZN $250.82 +1.28%
GOOGL $343.29 +1.13%
MSFT $514.34 -0.10%
META $730.06 -0.00%
NVDA $236.05 +2.14%
TSLA $371.20 +4.09%
SNDK $1,731.99 -0.67%
INTC $121.94 +1.62%
SPCX $156.77 +3.77%
MU $1,081.83 +3.17%
AMD $631.86 +3.24%
BTC $85,152.69 +1.00%
ETH $2,691.48 +0.26%
BNB $773.79 +0.93%
XRP $1.50 +1.05%
SOL $119.93 +2.09%
TRX $0.3361 +0.48%
DOGE $0.0951 +0.85%
ADA $0.2528 +2.62%
BCH $312.30 +1.54%
LINK $14.21 -0.77%
HYPE $89.29 +2.31%
AAVE $184.06 +10.03%
SUI $1.17 +1.25%
XLM $0.2215 +1.22%
ZEC $1,370.55 -0.17%
AAPL $333.03 +1.35%
AMZN $250.82 +1.28%
GOOGL $343.29 +1.13%
MSFT $514.34 -0.10%
META $730.06 -0.00%
NVDA $236.05 +2.14%
TSLA $371.20 +4.09%
SNDK $1,731.99 -0.67%
INTC $121.94 +1.62%
SPCX $156.77 +3.77%
MU $1,081.83 +3.17%
AMD $631.86 +3.24%

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

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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