Bitcoin holders are avoiding leverage in the latest rally, here’s why

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Bitcoin holders are avoiding leverage in the latest rally, here’s why

Low demand for leverage gives insights into the current Bitcoin investor psychology. BTC enjoys demand in the derivatives market courtesy of a strong recovery in open interest. Glassnode alerts just revealed that the amount of HODLed or lost Bitcoin is now at a 5-year high. This reflects the positive price action that the cryptocurrency has […]

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