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CryptoQuant CEO: The leverage ratio of BTC-USDT perpetual contracts is cooling down

Feb 6, 2026 16:36:30

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CryptoQuant CEO Ki Young Ju stated that the leverage ratio of the BTC-USDT perpetual contracts is cooling down. He added that as the inflow of funds from MSTR and ETFs no longer prevents excessive long positions from being liquidated, this indicator is returning to the levels seen before the ETF approval.

CryptoQuant CEO: The leverage ratio of BTC-USDT perpetual contracts is cooling down

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