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Wu Blockchain (@WuBlockchain): CryptoQuant analyst Darkfost noted that BTC’s Estimated Leverage Ratio (ELR) dropped sharply to -0.25 in three days — the lowest since China’s 2021 mi…

Estimated coin impact

Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.

CryptoQuant analyst Darkfost noted that BTC’s Estimated Leverage Ratio (ELR) dropped sharply to -0.25 in three days — the lowest since China’s 2021 mining ban. The sharp decline in ELR indicates a rapid reduction in leveraged positions and open interest, suggesting some traders…

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