BTC $80,785.03 -0.61%
ETH $2,332.39 -1.25%
BNB $744.16 -1.09%
XRP $1.28 -3.63%
SOL $100.05 -2.41%
TRX $0.3313 +0.59%
DOGE $0.0792 -0.64%
ADA $0.2022 -1.93%
BCH $287.26 -0.12%
LINK $11.69 -0.82%
HYPE $93.96 +15.37%
AAVE $133.52 -1.75%
SUI $0.9293 -1.88%
XLM $0.1693 -1.74%
ZEC $1,322.38 +2.25%
AAPL $349.38 +1.36%
AMZN $245.68 -3.70%
GOOGL $283.54 -12.89%
MSFT $529.72 -0.01%
META $628.26 +2.51%
NVDA $213.41 -0.86%
TSLA $404.73 +0.09%
SNDK $1,334.02 -4.70%
INTC $92.15 -3.46%
SPCX $143.79 -1.22%
MU $936.44 -5.08%
AMD $565.82 -2.09%
BTC $80,785.03 -0.61%
ETH $2,332.39 -1.25%
BNB $744.16 -1.09%
XRP $1.28 -3.63%
SOL $100.05 -2.41%
TRX $0.3313 +0.59%
DOGE $0.0792 -0.64%
ADA $0.2022 -1.93%
BCH $287.26 -0.12%
LINK $11.69 -0.82%
HYPE $93.96 +15.37%
AAVE $133.52 -1.75%
SUI $0.9293 -1.88%
XLM $0.1693 -1.74%
ZEC $1,322.38 +2.25%
AAPL $349.38 +1.36%
AMZN $245.68 -3.70%
GOOGL $283.54 -12.89%
MSFT $529.72 -0.01%
META $628.26 +2.51%
NVDA $213.41 -0.86%
TSLA $404.73 +0.09%
SNDK $1,334.02 -4.70%
INTC $92.15 -3.46%
SPCX $143.79 -1.22%
MU $936.44 -5.08%
AMD $565.82 -2.09%

分析师:8 月比特币期货杠杆率激增,市场波动和清算风险提升

2025-08-13 14:08:02

ChainCatcher 消息,CryptoQuant 分析师 Axel Adler Jr 发文表示,“2025 年 8 月,比特币期货预估杠杆率(ELR)30 天变化达到了过去五年来的最高水平,超过了+0.4 的临界值。此前这一阈值通常出现在杠杆率高企和市场脆弱性加剧的顶峰时期。

这意味着在价格接近历史高点时,期货市场中大量快速涌入杠杆头寸,可能导致市场波动加剧和剧烈强制平仓的风险提升。”

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