crazzyblockk: bitcoin exchange leverage deployment has risen to the top 5 per cent of historical extremes

wu stated that it had been informed that the cryptoquant analyst, crazzyblock, had written that the bitcoin exchange leverage deployment had risen to the top 5 per cent of historical extremes. the data show that the size of the loan bond significantly exceeds the liquidity of the spot, and that the current market boom lacks the bottom-level liquidity that sustains it. according to crazzyblock, the indicator has recently broken the upper risk limit and is still high and significantly above historical averages, indicating a high level of market vulnerability and a risk of deleveraging。