$BLUR : Shorts are paying a funding rate of -0.12%, or about 262% annualized; 24h +3.98%.
In other words: Short sellers are packed in like commuters on a rush-hour subway, and even the “toll” has gone negative 🚇
The longer the funding rate stays high, the more it costs to hold a position—and the more people will be unable to take it. Follow me for a few laughs while you keep an eye on the markets.
In other words: Short sellers are packed in like commuters on a rush-hour subway, and even the “toll” has gone negative 🚇
The longer the funding rate stays high, the more it costs to hold a position—and the more people will be unable to take it. Follow me for a few laughs while you keep an eye on the markets.