According to ChainCatcher, Greeks.live analyst Adam posted on X platform that since August 28, BTC margin long positions have increased by 3,000 net contracts. At the same time, the Green Leaf lending market has continued to have borrowing opportunities with an annualized interest rate of more than 20% in the past 10 hours. Green Leaf lending rates and long positions have always been regarded as leading indicators of the bull market, and similar phenomena occurred before the previous two major surges.

In addition, the options market has also begun to see a large number of large call option transactions, accounting for 30% of the total transactions on the day. The whales seem to be fully deploying long orders. 📈