Markets· ★★★· bearish·

Traders Added Leverage, Not Cut It, Ahead of 10/10 Crash Anniversary

  • —Estimated Leverage Ratio rose from 0.234 on Oct. 3 to 0.256 on Oct. 8
  • —Total open interest fell from about $154 billion to $142 billion
  • —Deribit BTC funding rate near 7.1% annualized vs 26.9% before the 2025 crash
  • —Fear and Greed Index held at 64 (greed), dipping only to 59 on Friday
Why it matters: The market entered the crash anniversary with elevated leverage, so another drop toward $75,000 could trigger a fresh wave of liquidations.
#BTC
Source: BeInCrypto
More on this
Markets · yesterday
Bitcoin at $82,500 Ahead of Oct. 10 Crash Anniversary: $1.09B Liquidated, ETF Outflows Near $1B
 Markets · Sep 14
Traders Cut Bitcoin Positions by 13.5% Ahead of Fed Meeting and CLARITY Act Vote
 Markets · yesterday
Three reasons behind the crypto sell-off: cycle timing, 10/10 anniversary and AI threat to cryptography