glassnode: Top Altcoin Contract Holdings Reach All-Time High, Increased Leverage Raises Market Vulnerability

BlockBeats News, August 13th, according to glassnode data, the current top altcoin contract holdings have reached $47 billion, hitting a new all-time high.

glassnode analysis pointed out that this situation highlights the increase in market leverage, making it more susceptible to significant price swings. Rising leverage will amplify both upward and downward trends, creating a more fragile market environment.