According to Odaily, the cryptocurrency market is witnessing a significant surge in leverage demand as participants increasingly engage in long-term bets on the sector's upward trajectory. FalconX's Head of Markets, Ravi Doshi, highlighted this trend, noting that market players are eager to utilize leverage through futures and options to capitalize on potential gains.
The annualized basis curve for contracts expiring in November has risen to over 18%, underscoring the insatiable demand for margin during periods of market expansion. This trend reflects a broader sentiment among investors who are keen to maximize their returns by leveraging financial instruments in the crypto space. As the market continues to evolve, the growing interest in futures and options indicates a robust confidence in the sector's future prospects.
