Ether’s world estimated leverage ratio, calculated by dividing the greenback worth locked within the energetic open perpetual futures contracts by the overall variety of cash held by derivatives exchanges, has declined from a multi-month excessive of 0.28 to 0.22. Bitcoin’s ratio has slid from 0.27 to 0.21, the bottom since Could, in response to knowledge tracked by South Korea-based analytics agency CryptoQuant.
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