Greeks.live: Sudden increase in Bitfinex green leaf lending rate may signal a bull market
Macro analyst Adam from Greeks.live posted on platform X, saying: "The interest rate for Bitfinex's green leaf lending has suddenly surged, with multiple orders being lent out today at a high annual interest rate of 30%. In the case of a slight market correction, spot holders have begun to increase their positions significantly, regardless of cost. This is a strong bull market signal. Over the past two years, an annualized interest rate loan of 30% has been an accurate signal of a major bull market."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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