According to ChainCatcher news, Greeks.live analyst Adam posted on the X platform that starting from 19:00 on September 2, Beijing time, the Luye lending market has continued to see borrowing opportunities with annualized interest rates exceeding 20% ​​in the past 10 hours. Since August 28, there has been a net increase of 3,000 BTC margined long positions. Luye's lending rates and long positions have always been leading indicators of the bull market. Significant increases in interest rates and long positions were also seen before the first two major surges.

At the same time, the options market also began to see a large number of large call options transactions, accounting for 30% of the total transactions that day. The giant whale is fully deploying multiple orders, which may indicate a positive change in market sentiment.