"ALTs are overleveraged!"
Many people posting this without any context.
Yes alts are a bit overleveraged, but let's try and quantify that.
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â«ïžThe chart below shows areas where we had similar or greater amount of OI relative to total3 mcap.
â«ïžWhile the relative OI is high it doesn't mean it can't stay elevated for weeks, even months.
â«ïžIn terms of the risk however, this is not ideal place to FOMO.
