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BTC $62,683.89 -2.18%
ETH $1,695.14 -2.34%
BNB $573.90 -2.41%
XRP $1.12 -3.86%
SOL $68.48 -3.99%
TRX $0.3200 -0.09%
DOGE $0.0824 -2.54%
ADA $0.1602 -3.15%
BCH $194.49 -6.57%
LINK $7.87 -1.39%
HYPE $67.48 -5.35%
AAVE $72.70 -1.63%
SUI $0.7137 -4.50%
XLM $0.2208 -5.00%
ZEC $450.72 -3.29%

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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