Glassnode: Altcoin Leverage Stays High After Peak
Glassnode reports altcoin leverage remains elevated with over 40% of large caps near yearly highs and mid caps at a yearly high despite recent price pullbacks that leave many longs exposed.
SourceAnalysis
Glassnode reports altcoin leverage is still running hot, with prices pulling back since the peak earlier this month yet over 40% of large caps sitting near their highest leverage of the year and mid caps reaching a yearly high that leaves many longs vulnerable to further drops.
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