ChainCatcher message, CryptoQuant founder and CEO Ki Young Ju stated on platform X that the leverage pressure in the Bitcoin market is easing. The open interest in BTC-USDT futures has decreased by 7% from its peak, while the USDT balance held by exchanges has surged by 32% in the past month. If the deposited USDT is used for futures trading, more USDT collateral helps reduce the risk of chain liquidation.