Gold Finance reports that CryptoQuant founder and CEO Ki Young Ju posted on X, stating that the leverage in the Bitcoin market is easing. The open interest for BTC-USDT futures has decreased by 7% from its peak, while the USDT balance on exchanges has surged by 32% over the past month. Ki Young Ju pointed out that if these newly added USDT are used for futures trading margin, it will help reduce the risk of cascading liquidations in the market.