๐จ Bitcoin funding rates just TRIPLED
The funding rate for $BTC perpetual futures jumped from around 3% to 10% since September 30, while open interest climbed to roughly 653,000 $BTC . ๐
That means traders are paying significantly more to maintain leveraged long positions.
Higher funding can signal strong bullish demand โ but it also means higher liquidation risk if $BTC suddenly reverses. โ ๏ธ
Leverage is rising. Now watch what happens next.
#BTC #bitcoin #Crypto #fundingrate
#bitcoinfundingratetriplesto10%
The funding rate for $BTC perpetual futures jumped from around 3% to 10% since September 30, while open interest climbed to roughly 653,000 $BTC . ๐
That means traders are paying significantly more to maintain leveraged long positions.
Higher funding can signal strong bullish demand โ but it also means higher liquidation risk if $BTC suddenly reverses. โ ๏ธ
Leverage is rising. Now watch what happens next.
#BTC #bitcoin #Crypto #fundingrate
#bitcoinfundingratetriplesto10%
