Wu Shuo learned that according to CryptoQuant analyst Darkfost, the market has experienced significant deleveraging events in recent days due to geopolitical influences. BTC's estimated leverage ratio (ELR) has dropped sharply to -0.25 in just three days, the lowest point since the impact of China's mining clearance ban in June 2021. The sharp decline in ELR this time indicates that leveraged positions and open contracts are rapidly decreasing, and some traders may actively close positions to reduce risk exposure. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=44419