All leveraged long fund pools involving #USDT and #USDC are currently at 0%, indicating they are fully borrowed.
This situation reflects two key messages:
Many traders are experiencing losses in spot trading and are resorting to borrowing funds to bolster their positions in hopes of capitalizing on potential rebounds.
Market liquidity remains notably weak, with insufficient funds available for financial management purposes.
In conclusion, the current market conditions suggest ongoing turbulence, with the potential for continued volatility as participants navigate these challenges.