Trireme(@triremetrading):Altcoins are moving higher, but traders are not borrowing heavily to chase the move yet. Glassnode tracks how much leveraged money is being used to trade altcoins compared with Bitcoin. Historically, when altcoin leverage gets close to Bitcoin’s level, the market becomes more vulnerable to large liquidations and sharp price drops. We’re not there yet. Altcoin leverage remains well below that level, suggesting the current market is not yet overcrowded with leveraged positions. If altcoin prices continue rising while leverage stays controlled, there may still be room for the move to develop. The key signal to watch next: whether leverage starts rising much faster than prices. Source: @glassnode

2026.09.18 16:05

Altcoins are moving higher, but traders are not borrowing heavily to chase the move yet. Glassnode tracks how much leveraged money is being used to trade altcoins compared with Bitcoin. Historically, when altcoin leverage gets close to Bitcoin’s level, the market becomes more vulnerable to large liquidations and sharp price drops. We’re not there yet. Altcoin leverage remains well below that level, suggesting the current market is not yet overcrowded with leveraged positions. If altcoin prices continue rising while leverage stays controlled, there may still be room for the move to develop. The key signal to watch next: whether leverage starts rising much faster than prices. Source: @glassnode