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Leverage traders ‘flushed out’ by late-February crypto crash: Glassnode

March 2, 2021 by DIGIT
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Crypto analytics provider Glassnode argues the late February BTC crash may have been a healthy reset that flushed excessive leverage out of the market.

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Categories Correction, futures, grayscale, leverage, Open Interest
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  • bitcoinBitcoin(BTC)$88,391.000.21%
  • ethereumEthereum(ETH)$2,991.730.50%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$854.030.17%
  • rippleXRP(XRP)$1.91-0.35%
  • usd-coinUSDC(USDC)$1.000.03%
  • solanaSolana(SOL)$125.25-0.51%
  • tronTRON(TRX)$0.2876202.71%
  • staked-etherLido Staked Ether(STETH)$2,990.300.53%
  • dogecoinDogecoin(DOGE)$0.129900-1.61%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$88,391.000.21%
  • ethereumEthereum(ETH)$2,991.730.50%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$854.030.17%
  • rippleXRP(XRP)$1.91-0.35%
  • usd-coinUSDC(USDC)$1.000.03%
  • solanaSolana(SOL)$125.25-0.51%
  • tronTRON(TRX)$0.2876202.71%
  • staked-etherLido Staked Ether(STETH)$2,990.300.53%
  • dogecoinDogecoin(DOGE)$0.129900-1.61%