๐ Contract funding rate watch: $MET funding rate is -0.102%; shorts pay.
This means a large amount of leveraged short positions are stacked on the short side. If prices rebound, short covering could trigger a short squeeze.
Annualized rate: approximately 224.1%. Keep an eye on it; market updates will be shared promptly.
#MET
Personal observation only; not financial advice.
This means a large amount of leveraged short positions are stacked on the short side. If prices rebound, short covering could trigger a short squeeze.
Annualized rate: approximately 224.1%. Keep an eye on it; market updates will be shared promptly.
#MET
Personal observation only; not financial advice.