{"id":60709,"date":"2025-11-27T13:31:53","date_gmt":"2025-11-27T13:31:53","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=60709"},"modified":"2025-11-27T13:31:53","modified_gmt":"2025-11-27T13:31:53","slug":"bitcoin-btc-becomes-most-leveraged-asset-in-history-binance-and-bybit-dominate","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=60709","title":{"rendered":"Bitcoin (BTC) Becomes \u2018Most Leveraged Asset in History:\u2019 Binance and Bybit Dominate"},"content":{"rendered":"<div>\n<p>Bitcoin (BTC) has become \u201cone of the most leveraged assets in history,\u201d according to Alphractal Founder and CEO Joao Wedson.<\/p>\n<p>The exec pointed to a sharp rise in perpetual futures trading that has reshaped market behavior.<\/p>\n<h2>Bitcoin OI Hits Fivefold 2021 Levels<\/h2>\n<p>In a post on X, Wedson <a href=\"https:\/\/x.com\/joao_wedson\/status\/1993809616824610917\">explained<\/a> that perpetual trading activity has \u201cexploded,\u201d as traders, funds, and high-frequency desks are increasingly opting for leverage over spot exposure. He said leveraged activity tends to surge during periods of increased volatility, particularly during large market drops.<\/p>\n<p>This shift is also visible in open interest (OI), which reached an October peak nearly five times higher than levels seen at Bitcoin\u2019s November 2021 all-time high. Such a pattern indicates traders\u2019 focus on securing rapid gains through high-risk leverage.<\/p>\n<p>Wedson added that the distribution of OI across exchanges shows how aggressively platforms have promoted leveraged products. He even went on to note that BitMEX, which controlled 90% of the market in 2017, now holds just 0.65%, while newer exchanges dominate the landscape.<\/p>\n<p>Binance, for one, accounts for 30% of the market, followed by Bybit at 16.7%. Wedson also revealed that Alphractal\u2019s model on current long-short positioning shows longs at 72.4% (worth around $25.72 billion) and shorts at 27.6% (worth around $9.79 billion). He said trader exposure is tilted 2.6 times more toward longs, despite historical trends showing short sellers often having better odds of profit.<\/p>\n<p>Wedson described the positioning as \u201cstrange,\u201d but noted that extreme leverage helps explain the imbalance, with Bitcoin spending more time rising while leveraged longs remain vulnerable to rapid wipeouts.<\/p>\n<h2>BTC\u2019s $91K Breakout<\/h2>\n<p>Bitcoin broke above the $91,000 mark on Thursday after rising by nearly 5% amidst a broader market rebound and is now trending higher. According to crypto analyst Ted Pillows, the crypto asset is approaching resistance between $93,000 and $94,000, and a successful reclaim could push the asset toward $100,000.<\/p>\n<p>However, he <a href=\"https:\/\/x.com\/TedPillows\/status\/1993964319592403430\">warned<\/a> that failure to reclaim this resistance may trigger a short-term correction, which could potentially drive BTC back <a href=\"https:\/\/cryptopotato.com\/why-88800-could-decide-bitcoins-next-big-move-according-to-alphractals-ceo\/\">down<\/a> toward the $88,000 level.<\/p>\n<p>Another market commentator, \u201cCaptain Faibik,\u201d <a href=\"https:\/\/x.com\/CryptoFaibik\/status\/1993910408655360222\">observed<\/a> that Bitcoin is forming a Descending Broadening Wedge on the 4-hour chart. The pseudonymous trader said that BTC has likely bottomed out, but bulls must reclaim the $100,000 resistance level to restore strong upward momentum. He added that a break above $100,000 could trigger a solid bullish rally in December.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-btc-becomes-most-leveraged-asset-in-history-binance-and-bybit-dominate\/\">Bitcoin (BTC) Becomes \u2018Most Leveraged Asset in History:\u2019 Binance and Bybit Dominate<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) has become \u201cone of the most leveraged assets in history,\u201d according to Alphractal Founder and CEO Joao Wedson. The exec pointed to a sharp rise in perpetual futures trading that has reshaped market behavior. Bitcoin OI Hits Fivefold 2021 Levels In a post on X, Wedson explained that perpetual trading activity has \u201cexploded,\u201d [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-60709","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/60709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60709"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/60709\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}