Bitcoin Bearish Signal: Leverage Ratio Spikes Up

On-chain data shows the Bitcoin estimated leverage ratio has continued to hit new highs recently, a sign that could be bearish for the price of the crypto. Bitcoin Estimated Leverage Ratio Continues To Set New Highs As pointed out by an analyst in a CryptoQuant post, the BTC leverage ratio has been moving up since […]

The Bitcoin leverage ratio is showing a sell signal right now, indicating that the market could turn bearish, at least in the short term. Bitcoin Leverage Ratio Says Not A Good Time To Buy Right Now As pointed out by a CryptoQuant post, the estimated leverage ratio indicates that this might not be the best time to buy BTC. The all exchanges estimated Bitcoin leverage ratio is an indicator that’s calculated by taking the ratio of open interest divided by the reserves of all exchanges. Estimated Leverage Ratio = Open Interest ÷ Amount of Reserve​ For those unfamiliar with futures....

On-chain data shows the Bitcoin leverage ratio still has a very high value, a sign that has usually proven to be bearish for the crypto in recent months. Bitcoin Exchange Leverage Ratio Has Been Going Up In Recent Weeks As pointed out by an analyst in a CryptoQuant post, the BTC all exchanges leverage ratio is still quite high, suggesting that the crypto could still see further downtrend. The “leverage ratio” is an indicator that is defined as the ratio between the open interest and the all derivatives exchange reserve. Here, the “open interest” is a measure of the....

XRP is trading in a quiet range between $1.38 and $1.40, but new derivatives data indicates the calm may be masking a more unstable setup beneath the surface.  A CryptoQuant analysis by Pelinay shows that XRP’s leverage structure is low and moving sideways, while its price action has been relatively higher than the leverage, and this has created a divergence that history has shown to resolve through a forceful explosive move. Related Reading: Bitcoin’s Path To $100K May Happen Before Anyone Understands Why: Analyst XRP Holds Strong Despite Sharp Decline In Leverage Ratio The CryptoQuant....

On-chain data shows the Bitcoin exchange whale ratio has spiked up recently, a signal that shows dumping may be going on in the market. Bitcoin Exchange Whale Ratio Surges Up As Price Declines As pointed out by an analyst in a CryptoQuant post, the BTC exchange whale ratio has risen to very high values recently. The “exchange whale ratio” is an indicator that measures the ratio between the sum of the top 10 transactions to exchanges and the total amount of Bitcoin moving into exchanges. In simpler terms, this metric tells us what part of the total exchange inflows the ten....