The speculative frenzy? Pretty much cleared out now. That systemic leverage metric—the one tracking pure spec plays—has chilled to around 4%–5% of total market cap. Compare that to the roughly 10% we saw over summer. Less leverage floating around means the whole market backbone looks way sturdier, plus we're not sitting ducks for sudden cascades anymore.
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NFTArchaeologist
· 3h ago
Leverage has dropped from 10% to 4-5%. Honestly, this round of liquidation was quite thorough; the market is indeed less fragile.
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OnchainHolmes
· 12-10 08:04
The leverage has dropped to about 5%, which is much more comfortable than the 10% in summer, but the real test is yet to come
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QuorumVoter
· 12-10 08:04
Leverage dropped from 10% to 4%? To be honest, I was a little surprised, and I thought I would have to shake it for a while
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TestnetFreeloader
· 12-10 08:00
The leverage was cut from 10% to 4-5%, and this time it was really deleveraged, unlike the previous set of virtual ones.
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CafeMinor
· 12-10 07:57
Leverage drops from 10% to 4-5%? This is the real health signal, not afraid of liquidation
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GasFeeVictim
· 12-10 07:42
The drop in leverage from 10% to 4-5% sounds good, but how do I feel that this is just an illusion before the plunge
The speculative frenzy? Pretty much cleared out now. That systemic leverage metric—the one tracking pure spec plays—has chilled to around 4%–5% of total market cap. Compare that to the roughly 10% we saw over summer. Less leverage floating around means the whole market backbone looks way sturdier, plus we're not sitting ducks for sudden cascades anymore.