Hello!👋 Last week, as the Bitcoin Cash (BCH) price reached $320, there was a large increase in the number of bettors who lost the highest amount in the last two years.😲 According to Coinalyze data, holders of short and long positions with BCH futures lost more than 25 million dollars in total.
According to the latest situation, funding rates on all exchanges listing BCH futures have turned negative as of Monday.📉 This shows that short-term investors dominate and are willing to pay long-term investors to protect their positions.
So what do you think the BCH price will be in the coming weeks? Will the rise continue or are we expecting a decline? We are waiting for your comments!💭💬