Crypto Company Matrixport's Bitcoin Report: 'As Spot Demand Increases, Leverage Remains Limited!' Here are the Details

Crypto financial services provider Matrixport announced in its market analysis dated May 21 that the Bitcoin (BTC) market has shown a historical trend again.

Matrixport: As Bitcoin Price Approaches New Peak, Spot Demand Comes to the Fore, Leverage Risk Limited

According to the company's assessment, while the Bitcoin price has approached record levels again recently, the open positions in the futures market have reached a historical peak of 34 billion dollars. However, it is noteworthy that the funding rates have remained almost at zero.

Spot Demand is Coming to the Fore, Leverage is Limited

According to Matrixport's analysis, this trend reveals that spot buying is driving the market, and this time the rise is not driven by leveraged trading, but in a more organic way. The fact that funding rates remain low indicates that there is no overly speculative froth in the market, and therefore the risk of a correction accompanied by high volatility is reduced.

The analysis also emphasized that the current market structure is progressing with relatively calm volatility. This situation reduces the likelihood of investors facing significant price fluctuations in the short term.

Matrixport's assessment indicates that a structural change has occurred in the Bitcoin market. According to the analysis, long-term investors are now driving the market instead of short-term speculators. This also contributes to the formation of a more stable and sustainable market structure.

This analysis highlights the role of institutional investors and spot market participants in Bitcoin's recent upward trend while also revealing that the risks of sudden declines due to leverage remain low.