Leverage Trends in Recent $7.63 Billion Open Interest

According to Odaily, blockchain analyst Ai Yi has reported on the distribution of leverage in the recent $7.63 billion open interest over the past 24 hours. The analysis reveals that $3.7 billion of the funds are utilizing leverage between 3 to 7 times, making it the most significant portion. This is followed by $2.77 billion in funds using leverage between 0 to 3 times. There is a notable decrease in funds using leverage above 7 times. Among the lower leverage categories, hedge institutions are holding substantial short positions, with a single insider address accounting for 18.6% of the funds in the 3 to 7 times leverage range.