Behind the 83% surge, the funding rate has already spiked to 0.045%—meaning longs are paying huge fees to shorts every hour.
What’s even more interesting is that while the price has closed up for three consecutive hourly candles, short positions still account for 53%. Someone is quietly building the opposite position while the market is making a violent rally.
In the $216 million trading volume, how much is chasing higher prices, and how much is the smart money laying in covert positions? This kind of extreme funding rate usually doesn’t last for long.
I’m watching this long–short divergence: if the funding rate drops but the price holds sideways, it could be a real breakout; if the funding rate stays high, be careful—profit-taking could dump at any moment.
$SOPH #资金费率预警 #83%涨幅
Click the small card below to quickly check the quotes👇
What’s even more interesting is that while the price has closed up for three consecutive hourly candles, short positions still account for 53%. Someone is quietly building the opposite position while the market is making a violent rally.
In the $216 million trading volume, how much is chasing higher prices, and how much is the smart money laying in covert positions? This kind of extreme funding rate usually doesn’t last for long.
I’m watching this long–short divergence: if the funding rate drops but the price holds sideways, it could be a real breakout; if the funding rate stays high, be careful—profit-taking could dump at any moment.
$SOPH #资金费率预警 #83%涨幅
Click the small card below to quickly check the quotes👇
