Falling—and yet money is flowing in instead?
$ETHFI current price 0.6753, still +7.5% in 24h.
But the funding rate has dropped from +0.0008% to -0.0011%.
It went negative.
The shorts have started to gain the upper hand.
Where is it strange?
OI jumped by +18.7% all at once: 26.1M → 26.3M → 30.5M → 31.0M—four levels, none of them moving back.
Trading volume $177.9M, market cap $656.6M.
This isn’t a powerless, low-volume grind down.
It’s falling—while people are still adding real money into it.
Do the shorts think they’re standing on the winning side of the wind?
What negative funding rate means is: short positions pay money to the other side every day.
The lower the price, the worse this bill looks.
Low price + deep negative funding rate has never been a shorts’ safe zone—it’s the trigger line for a comeback.
The news flow isn’t quiet either. Wallet Unstakes 5.68M ETHFI, worth $4.04M, releasing collateral from Ethfi. Ten related news items are in motion—attention is clearly there.
No direction is set. And the people adding more positions? Also not set.
First check your position’s cost basis, then check your leverage.
Risk warning: negative funding rates can change, and OI can change too. The only thing that won’t wait for you is the liquidation line.
#ETHFI #币安 #Bitcoin