Jasper 🌰@building BBX|Mar 18, 2026 09:48
I just glanced at the rates, they're a bit interesting.
The weighted fee rate for Bitcoin is only 0.0037%, even -0.0062% for Binance, and 0.0036% for Ouyi. The significant differentiation between exchanges indicates that the market has not formed a unified expectation.
Looking at the liquidation, the entire network has cleared $63 million in the past 24 hours, and the bulls have been hammered even harder (up 57%). Leveraged bulls are not feeling well at this position.
On the holding side, the total net value was $443.8 billion, up 2.72% in 24 hours. The money is still coming in, but the low rate indicates that what is coming in is not money from individual investors chasing price increases - it is more like institutions are laying out their strategies.
NASDAQ 25186 (+0.68%), the oil price near $94 is slightly volatile, and the macro level is still awesome.
My approach is simple: don't predict, just follow. The data tells me to add if necessary and subtract if necessary.
http://(bbx.com)/zh-Hans/indicators/derivatives
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