Odaily Planet Daily News Crypto.com co-founder and CEO Kris Marszalek warned that the current Bitcoin leverage (i.e. the amount of borrowed funds used for trading positions) has reached an unsustainable level. He wrote on X: "Before hitting $100,000, leverage needs to be cleaned up. Please manage risks carefully." CryptoQuant data shows that the estimated leverage of Bitcoin on all cryptocurrency exchanges is 0.217, the highest level since October 2023. (Cointelegraph)