Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
TechFlow news, on October 10, Andrew Kang, co-founder of Mechanism Capital, expressed concerns on social platform X regarding the current leverage levels of Ethereum (ETH). Kang pointed out that ETH's leverage has rebounded to the same high levels seen during the previous ETF hype period. "Is there a solid explanation for why this is being driven by non-directional long positions? If not, this will put pressure on ETH."
Andrew Kang, co-founder of Mechanism Capital, expressed concerns on social platform X about Ethereum's (ETH) current leverage levels. Kang noted that ETH's leverage has rebounded to the same highs seen during the previous ETF speculation period. "Is there a solid reason to believe this is driven by non-directional long positions? If not, this will weigh on ETH."
Navigating Web3 tides with focused insights
