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Andyยท2025-08-25 23:22

Crypto Market Leverage - Crypto market leverage is significantly lower compared to 2021 levels [1] - DeFi represents a larger percentage of borrow/lend activities than in previous cycles [1] - The quality of leverage is more transparent [1] Centralized Platforms - Absence of large centralized platforms like BlockFi is considered healthy for the market [1]