$CKB and $ARK are playing out as predicted.

Funding Rates — 5 Tokens To Watch 🚨

If you are looking for some crucial data not everyone is aware of—this post is for you.

I've analyzed the funding rates of 500 tokens. So, you may ask, what the heck are funding rates? And why do they matter?

Let me explain quickly:
Funding rates are periodic payments made between long and short positions in futures trading. The aim is to keep prices in line with the underlying asset. Makes sense right?
Now, a positive funding rate indicates that longs are paying shorts. Typically this signals a (upcoming) bullish sentiment. On the contrary, negative funding rates indicate bearish market expectations.

How can this help?
Simple: Monitoring changes in funding rates can help identify potential shifts in market sentiment and upcoming price moves.

The Results
The below tokens are the top 5 tokens showing the most substantial shifts in funding rates. Let's go through them.

🟢 Ark (ARK): Strong positive change suggesting strong bullish sentiment.
🟢 Nervos Network (CKB): Strong positive change suggesting strong bullish sentiment.
🟢 Solar (SXP): Strong positive change suggesting strong bullish sentiment.
🔴 Reef (REEF): Strong negative change suggesting strong bearish sentiment.
🔴 Terra (LUNA): Strong negative change suggesting strong bearish sentiment.

$ARK $CKB $SXP