source avatarUmair Orakzai

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$MACRO ALTCOINS ARE MOVING WITHOUT A LEVERAGE SURGE. 72.5% of tracked altcoins outperformed BTC this week. But altcoin perpetual OI has barely grown, with fewer than half of markets adding positions. Glassnode says the move is being driven mostly by spot buying. That matters because price is rising without the same leverage expansion seen during previous overheated periods. Spot demand is leading. Leverage isn't. #ALTCOINS #CRYPTO #BITCOIN #BTC #ONCHAIN #CRYPTOANALYSIS #TRADING #ALTSEASON #MARKETUPDATE

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