Leverage Ratio — OI ÷ Market CapZecScope original
How much of the network's value is mirrored in leveraged positions.
▍How it is computed
ZEC open interest ÷ ZEC market cap, in percent, with the same ratio for BTC.
▍How to read it
ZEC leverage ratio spiking above BTC's during rallies has preceded sharp mean reversions. It is a crowding gauge.
▍Get the data
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