Bitcoin Leverage Costs Plummet: A Sign of Market Caution? đ
The cost of long-side leverage in the Bitcoin market has dramatically dropped from $120M/month in March to just $10.8M now. Despite a recent uptick, these costs remain significantly lower than January 2023 levels.
This trend suggests a cooling market and reduced speculative interest among traders amid the current correction.
Is this the calm before the storm, or are we witnessing a new trend in crypto trading? đ€
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