Rates turn negative, $CAKE shorts start paying
The rate is already biting.
-0.0003%. The previous tier was +0.0002%.
$CAKE 2.4737. 24h +3.4%.
Open interest doesn’t think so.
13.3M → 14.6M → 16.5M → 16.9M. +26.8%.
It’s not endless, slow bleeding. When it drops, real money gets added.
24h trading volume $26.6M. Market cap $866.0M.
The rate flips from positive to negative: shorts have the upper hand. But shorts aren’t free—costs are starting to rise.
When it goes up, the rate turns negative. Who’s getting squeezed?
10 news items. Cake Wallet Integrates Non-Custodial Lightning Payments.
Low price + negative funding rate = potential short covering. Not a guarantee of a rebound.
Keep an eye on your position cost.
Leverage amplifies volatility, not which side you think is right.
#CAKE #币安 #Bitcoin
The rate is already biting.
-0.0003%. The previous tier was +0.0002%.
$CAKE 2.4737. 24h +3.4%.
Open interest doesn’t think so.
13.3M → 14.6M → 16.5M → 16.9M. +26.8%.
It’s not endless, slow bleeding. When it drops, real money gets added.
24h trading volume $26.6M. Market cap $866.0M.
The rate flips from positive to negative: shorts have the upper hand. But shorts aren’t free—costs are starting to rise.
When it goes up, the rate turns negative. Who’s getting squeezed?
10 news items. Cake Wallet Integrates Non-Custodial Lightning Payments.
Low price + negative funding rate = potential short covering. Not a guarantee of a rebound.
Keep an eye on your position cost.
Leverage amplifies volatility, not which side you think is right.
#CAKE #币安 #Bitcoin