CryptoQuant.com|Sep 02, 2026 14:45
Bear market whales didn't sell. They borrowed.
@CoinRabbitLoans data shows loans per user up 74% (retail) and 18% (HNWI) from the 2025 bull to the 2026 bear.
HNWI cut Bitcoin's collateral share in half (57.8%→30.5%), rotating into ZEC. Retail stayed XRP-led throughout. (CryptoQuant.com)
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