The previous surge in bitcoin funding rates occurred early in 2021, which preceded a near-50% sell-off. This time, however, funding rates have not reached extreme levels, which suggests some traders have been on the sidelines, scarred by significant liquidations in the prior sell-off. www.coindesk.com
The previous surge in bitcoin funding rates occurred early in 2021, which preceded a near-50% sell-off. This time, however, funding rates have not reached extreme levels, which suggests some traders have been on the sidelines, scarred by significant liquidations in the prior sell-off.
www.coindesk.com