27% gain, but the funding rate is negative—what does that mean?
ORCA surged from 1.30 all the way to 1.70 today, with trading volume hitting 44 million USDT.
On the surface, it looks like a strong breakout, but the funding rate of -0.0191% reveals the truth:
Although more people are going long (55% long), most are holding through with spot positions,
rather than using high leverage to chase the rally.
The hourly candlesticks have been closing green one after another, which shows that buying pressure has been sustained, not a one-off spike.
This kind of situation—"price rising but leverage not crowded"—is actually safer than everyone turning bullish.
$ORCA #资金费率背离 #27%
Click the small card below to quickly view the market👇
ORCA surged from 1.30 all the way to 1.70 today, with trading volume hitting 44 million USDT.
On the surface, it looks like a strong breakout, but the funding rate of -0.0191% reveals the truth:
Although more people are going long (55% long), most are holding through with spot positions,
rather than using high leverage to chase the rally.
The hourly candlesticks have been closing green one after another, which shows that buying pressure has been sustained, not a one-off spike.
This kind of situation—"price rising but leverage not crowded"—is actually safer than everyone turning bullish.
$ORCA #资金费率背离 #27%
Click the small card below to quickly view the market👇
