Greeks.live: The green leaf loan interest rate and long positions indicate that whales are arranging more orders
Greeks.live analyst Adam posted on platform X, "Starting from 19:00 Beijing time on September 2nd, the Green Leaf lending market has continuously seen borrowing opportunities with annualized interest rates exceeding 20% in the past 10 hours. At the same time, since August 28th, BTC margin long positions have net increased by 3000 contracts. The Green Leaf lending rate and long positions have always been leading indicators of a bull market; significant increases in both were also observed before the last two major surges. Meanwhile, the options market has started to see a large number of block bullish options transactions accounting for up to 30% of total daily transactions - whales are fully laying out their long positions."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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