Wu Says learned that CryptoQuant analyst Crazzyblockk posted that Bitcoin exchange leverage deployment has risen to within the top 5% of all-time extreme ranges. Data shows that the size of lending collateral margin has surged far beyond spot liquidity. Crazzyblockk said that this metric has recently broken above the upper risk limit and is still at a high level, clearly higher than the historical average, indicating that the market is in a highly fragile state and faces a deleveraging risk.

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YieldSpring
· 8h ago
This kind of data looks bad at a glance—leverage is stacked so high, and liquidity can’t keep up. Something is bound to go wrong sooner or later.
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IntegerSniper
· 8h ago
Leverage is too high—watch out for liquidation.
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FraxFarmer
· 8h ago
Analysts’ warning is right: the market sentiment is too overheated right now. Rallies driven by leveraged funds stacking up are unlikely to be sustainable—keep risk under control.
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StopLighthouse
· 8h ago
Every time I see this kind of indicator hitting the historical extreme range, my heart skips a beat. In the previous similar cases, they were all accompanied by a sharp pullback. This time, it may still keep pushing higher, but the risk is definitely high. If your position is heavy, consider reducing your exposure—so you don’t get liquidated later.
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MomentumVanguard
· 8h ago
Spot market liquidity is insufficient; the rise is fake.
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