$PROM : Shorts are paying a funding rate of -0.0715%, roughly 156.7% annualized; 24h: -10.5%.
In plain English: So many people are short that there’s a long queue, and the “toll” has even gone negative 🚇
When both longs and shorts are getting wrecked, using less leverage is the safest strategy. Where do you think it’s headed next? Drop a comment and we’ll compare notes later.
#PROM
This is not financial advice. Do your own research before trading.
In plain English: So many people are short that there’s a long queue, and the “toll” has even gone negative 🚇
When both longs and shorts are getting wrecked, using less leverage is the safest strategy. Where do you think it’s headed next? Drop a comment and we’ll compare notes later.
#PROM
This is not financial advice. Do your own research before trading.