One more thing: I just saw the funding rate for $MINA —it's -0.502%, meaning shorts are paying. That works out to an annualized rate of about 549.5%.
A negative funding rate means everyone is short, but when trades get too one-sided, they often get caught on the wrong side. I'll be keeping a close eye out for a short squeeze.
Do you watch funding rates?
#MINA
Markets can change in an instant, so make your own decisions.
A negative funding rate means everyone is short, but when trades get too one-sided, they often get caught on the wrong side. I'll be keeping a close eye out for a short squeeze.
Do you watch funding rates?
#MINA
Markets can change in an instant, so make your own decisions.