According to the latest analysis by CryptoQuant's analyst Burak Kesmeci, the unsettled contracts on Ether have significantly grown over the past three weeks, reaching approximately $1.5 billion. This growth trend has sparked market attention on increased leveraged trading activities and also suggests potential risks of liquidations. Kesmeci noted that as the volume of leveraged trading increases, the possibility of liquidations also rises, which could lead to significant price fluctuations. Therefore, unsettled contracts, serving as a key indicator of the market's leverage level and potential risks, require continuous attention from investors and analysts.