Someone asked me why higher funding fee will push the price?
Here is the answer
Market makers love to move the market against the majority, highly negative funding rate means the majority is shorting the coin and that results into big moves to the upside because those shorts get liquidated.
Here is the answer
Market makers love to move the market against the majority, highly negative funding rate means the majority is shorting the coin and that results into big moves to the upside because those shorts get liquidated.
