Trader @jasonleo Says He Removed All Leverage From His Positions

@jasonleo, a crypto trader, said Nov. 13 that he had removed all leverage from his positions after previously outlining a plan to rebuild a Bitcoin (BTC) long.

“I’ve taken off all leverage at this level; I’m staying cautious for now,” @jasonleo wrote.

At the end of October, he said he had closed about two-thirds of his long positions near $76,000 to guard against risks similar to the Oct. 11 market move. He said he planned to rebuild the long and return to a full position if BTC stabilized between $76,000 and $78,000 after nearly two days of observation.