Behind the 35% surge, are funds quietly pulling out?
FLOCK surged to 0.05546 today, with trading volume expanding to $158 million, making the bulls look strong. But on closer inspection, the funding rate is negative at -0.00354%, which means that although more traders are going long (57% longs), not many are actually willing to pay interest to hold those positions.
The trend over the past 8 hours was indeed strong, climbing from 0.037 all the way to a high of 0.065, before pulling back to around 0.055 now. This combination of price-volume divergence and a negative funding rate is often a sign of short-term overheating—be careful chasing the rally.
$FLOCK #资金费率背离 #35%
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FLOCK surged to 0.05546 today, with trading volume expanding to $158 million, making the bulls look strong. But on closer inspection, the funding rate is negative at -0.00354%, which means that although more traders are going long (57% longs), not many are actually willing to pay interest to hold those positions.
The trend over the past 8 hours was indeed strong, climbing from 0.037 all the way to a high of 0.065, before pulling back to around 0.055 now. This combination of price-volume divergence and a negative funding rate is often a sign of short-term overheating—be careful chasing the rally.
$FLOCK #资金费率背离 #35%
Click the small card below to quickly check the market👇
