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BTC $77,354.30 +1.45%
ETH $2,322.12 +2.00%
BNB $624.36 +0.38%
XRP $1.39 +0.40%
SOL $84.43 +1.26%
TRX $0.3231 -0.18%
DOGE $0.1077 +9.36%
ADA $0.2498 +1.85%
BCH $452.66 +1.29%
LINK $9.30 +1.13%
HYPE $40.10 +0.31%
AAVE $95.82 -0.28%
SUI $0.9234 +0.46%
XLM $0.1620 +0.05%
ZEC $331.72 -0.25%

Greeks.live: Bitfinex green leaf lending rates suddenly surge, possibly a strong bull market signal

2024-10-22 22:39:57
Collection

ChainCatcher message, Greeks.live macro analyst Adam posted on platform X: "The interest rate for Bitfinex green leaf lending has suddenly surged, with multiple orders borrowed at a high annualized rate of 30% today. In the case of a slight market pullback, spot whales have begun to significantly increase their positions, which can be said to be cost-agnostic. This is a strong bullish signal; borrowing at an annualized rate of 30% has been an accurate signal of a major bull market in the past two years."

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