Bitcoin leverage hits yearly high, yet these risks could derail BTC’s rally

Bitcoin’s leverage ratio reached 0.27, reflecting bullish sentiment. However, the funding rate is stable at 2% APR, which is significantly lower than the overheated levels seen in late 2024.

With a notable unrealized profit of 1,200 billion USD, pressure may increase for investors to secure gains, potentially impacting BTC’s upward momentum.

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