🐋 A note for those watching leveraged funds: $FLOCK funding rate is -0.0728%; shorts are paying.
This means a large number of leveraged short positions are stacked on the short side. If the price rises, short covering could trigger a squeeze.
Annualized rate: approximately 159.5%. If you were in this situation, how would you respond?
#FLOCK
Be aware of the risks and make your own decisions. This is not investment advice.
This means a large number of leveraged short positions are stacked on the short side. If the price rises, short covering could trigger a squeeze.
Annualized rate: approximately 159.5%. If you were in this situation, how would you respond?
#FLOCK
Be aware of the risks and make your own decisions. This is not investment advice.