Leverage traders 'flushed out' by late-February crypto crash: Glassnode

Cointelegraph

Published Mar 01, 2021 10:56PM ET

Updated Mar 02, 2021 12:40AM ET

According to on-chain analytics provider, Glassnode, the late-February crypto market correction may have purged excessive leverage from the markets.

On March 1, Glassnode published a report analyzing the recent crypto crash — which was only the second significant crypto correction since the markets pushed into new record highs in late 2020.

Continue Reading on Coin Telegraph