The CryptoQuant analyst reports that Bitcoin futures have been experiencing high leverage for 16 months, with a recent unwinding of excess leverage following Bitcoin’s last all-time high. This development comes amid a growing bearish sentiment in Bitcoin futures, driven by broader market volatility and price declines. Such declines often lead to forced liquidations in highly leveraged markets, a phenomenon which is believed to foster healthier long-term market conditions by prompting capitulation and resetting imbalances.
Bitcoin futures see high leverage and price capitulation
