Wu Blockchain has learned that Glassnode stated that although the crypto market has seen a significant pullback since leverage levels peaked in early October, the leverage risk in the altcoin market has not been fully released. Currently, over 40% of large-cap altcoins still have leverage levels near their yearly highs, while the proportion of mid-cap tokens at high leverage levels has even hit a new yearly high. Glassnode warns that the price drop has not been accompanied by sufficient clearing of leveraged positions. If the market weakens further, a large number of leveraged long positions could face forced liquidation risks, which may exacerbate the market downturn. https://www.(wublock123.com)/news/glassnode-40-percent-large-cap-altcoin-leverage-still-at-yearly-high-risk-unrealized-70344