Kris Marszalek, co-founder and CEO of Crypto.com, warns that the current BTC leverage ratio (the amount of borrowed funds used for trading positions) has reached unsustainable levels. In a post, he stated, 'Leverage needs to be cleaned up before hitting $100,000. Please manage risks carefully.' According to CryptoQuant data, the estimated leverage ratio of BTC on all crypto exchange platforms is 0.217, the highest level since October 2023.
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Kris Marszalek, co-founder and CEO of Crypto.com, warns that the current BTC leverage ratio (the amount of borrowed funds used for trading positions) has reached unsustainable levels. In a post, he stated, 'Leverage needs to be cleaned up before hitting $100,000. Please manage risks carefully.' According to CryptoQuant data, the estimated leverage ratio of BTC on all crypto exchange platforms is 0.217, the highest level since October 2023.