Ethereum funding rate hits 8-month high — Is an ETH price correction coming?
Ether’s funding rate soared to an 8-month high, but is it a sign of a strengthening rally or an impending price correction?
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Ether’s funding rate soared to an 8-month high, but is it a sign of a strengthening rally or an impending price correction?
Demand for leverage in BTC futures jumped to $38 billion, but traders appear well-positioned enough to avoid surprise price swings.
Bitcoin price falls as demand for leveraged long BTC futures and stablecoins drops.
Bitcoin derivatives show traders’ morale is low, weakening the odds of a 20% rise from the $49,320 BTC bottom.
Bitcoin price has dropped to a worrying low, leading some traders to throw in the towel and claim the bull run is over.
Around $193 million in long Bitcoin positions were liquidated in the past 24 hours, with the price of BTC hitting its lowest point since February.
