MXC ETF Big Data: BTC Long-Short ratio 1.21:1. DOGE, ETH & TRX are gaining traction
According to MXC ETF statistics, by Feb 1, BTC longs added their position changing the long-short ratio to 1.21:1. DOGE, ETH & TRX are gaining traction rankingy top 3 based on the position volume. Among which DOGE position increased by 34.63% compared to last day, ETH by 96.99% and TRX by 158.25%.
Leveraged ETF amplifies the ups and downs of the spot markets. It actives compound interest by utilizing rebalancing mechanism and transfer the profits to your position automatically . “L” stands for Long and S for Short. Sell to close your position, no margin and no liquidation rules. Users can purchase it in the ETF Zone. MXC has improved the liquidity and spreads to a large degree.