Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: Tnoy30 on June 24, 2020, 12:45:03 PM

Title: Low Exchange Reserves Suggest Futures Traders Are Over-Leveraged
Post by: Tnoy30 on June 24, 2020, 12:45:03 PM

The number of Bitcoins held on exchanges continues to decline despite growing open interest in the futures markets.
Cryptocurrency market data aggregator Glassnode has reported that the number of Bitcoins (BTC) held on centralized exchanges has fallen to a 12-month low.

The decline in exchange reserves comes amid numerous recent records for open interest in Bitcoin futures contracts, suggesting that many traders may be over-leveraged.
Read on: https://cointelegraph.com/news/low-exchange-reserves-suggest-futures-traders-are-over-leveraged

Title: Re: Low Exchange Reserves Suggest Futures Traders Are Over-Leveraged
Post by: @chison on July 09, 2020, 08:47:44 PM

Yes it btc keeps reducing same can be said of ethereum as they prepare for the new eth process. Fund reducing from CEFI is predicted that why DEX are now increasing. A team like INJECTIVE PROTOCOL have gone head to develop a 2nd layer DEX to make trading fully decentralised