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BNB $604.41 -0.51%
XRP $0.9990 -0.07%
SOL $75.56 +0.43%
TRX $0.3313 -0.08%
DOGE $0.0700 +0.13%
ADA $0.1732 -1.77%
BCH $203.68 -0.30%
LINK $9.44 +1.22%
HYPE $58.95 +3.18%
AAVE $86.75 +0.31%
SUI $0.6739 -0.67%
XLM $0.1572 +0.15%
ZEC $511.99 +3.99%

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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