Bitcoin holders are avoiding leverage in the latest rally, here’s why

Bitcoin holders are avoiding leverage in the latest rally, here’s why


AMB Crypto
2023-01-22 18:30:17

Low demand for leverage gives insights into the current Bitcoin investor psychology. BTC enjoys demand in the derivatives market courtesy of a strong recovery in open interest. Glassnode alerts just revealed that the amount of HODLed or lost Bitcoin is now at a 5-year high. This reflects the positive price action that the cryptocurrency has