Increased leverage, new orders being opened continuously? Read this article urgently and reflect on your next important decision in the near future. Altcoin investors are in a state of heightened risk and opportunity. The recent surge in the Altcoin market has created opportunities for profit-seeking derivatives traders as new orders with higher volumes and even higher leverage are continuously being opened. The total open interest of top altcoins like Ethereum, Solana, XRP, and Dogecoin has skyrocketed since the beginning of July, from $26B to $44B. This event is unprecedented in this cycle, even larger than the price surge at the end of 2024 when this index only reached $35B at its peak. This creates a massive liquidity environment accompanied by a trend of greed and more. As liquidity in the derivatives market rises sharply to high levels, it indicates signs of a "speculative bubble" forming, making the market more sensitive to upcoming strong fluctuations. High leverage often amplifies excessive volatility in both upward and downward directions, creating a speculative environment that is always ready to overreact to even the slightest fluctuations. So, in this bullish wave, which group of investors is opening new orders and increasing leverage the most? I will analyze this question further in the next article. If you like this article, don't forget to leave me a heart and share your thoughts below the article. Follow all of David's actions here as soon as possible:
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