The leverage ratio for Ethereum's ether (ETH) has reached a new high of 0.57, indicating a surge in risk-taking and market speculation among traders. This means that traders are increasingly using leverage to control larger positions in the market with a relatively small amount of capital. The high leverage ratio suggests that a significant amount of leverage trading is happening in the futures market compared to the actual number of coins available in exchange wallets. In comparison, Bitcoin's leverage ratio is currently 0.269, lower than Ethereum's but still relatively high. As a result, Ethereum may experience greater price volatility compared to Bitcoin in the near future.



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