Bitcoin: Will the rally towards $68,400 be the October peak?
The Bitcoin-USDT futures market is overleveraged, with a leverage volume of 32% on major exchanges.
If it breaks above 55%, it could trigger a cascade of liquidations.
The leverage ratio on BTC-USDT futures has reached an all-time high, and USDT pairs with Ethereum (ETH) and Tron (TRX) are also at risk.
