Bitcoin leverage drops to historical lows

Quick Take Understanding critical metrics provides essential insights as the digital asset market constantly evolves. One such indicator, the Estimated Leverage Ratio (ELR), offers a glimpse into the market’s leverage and is noteworthy. Currently, the ELR is nearing historical lows—an occurrence witnessed only twice prior. This indicates a significant reduction in market leverage, implying a... source: https://cryptoslate.com/insights/bitcoin-leverage-drops-to-historical-lows/