Glassnode: Leverage levels in mainstream altcoins remain at this year's highs, and further declines could pose liquidation risks.

BlockBeats news, October 20 - glassnode data indicates that since altcoin leverage reached its annual peak earlier this month, most coin prices have significantly retreated, but over 40% of large-cap coins remain near their highest leverage levels of the year. Among mid-cap coins, this proportion has reached an annual high.

Altcoin leveraged trading remains hot, and a larger decline would put long positions at risk.