CoinVoice has recently learned that the on-chain data analysis agency CryptoQuant published an analysis of the CEX leveraged risks during the bull market. Despite a significant increase in open interest this year, Binance has maintained a strong reserve among major exchanges, with its Bitcoin, Ethereum, and USDT reserves far exceeding its open interest.

Binance also reported the lowest and most stable leverage ratio among major exchanges, with a leverage ratio of 12.8 in December 2023, slightly rising to 13.5 in December 2024. Additionally, Bitcoin's open interest has expanded by 2.6 times (from $4.45 billion to $11.64 billion), highlighting Binance's ability to cope with market volatility and chain liquidations. Furthermore, OKX has also maintained a low leverage ratio. [Original link]