$AIN funding rate: 0.0254% (55.6% annualized), with longs paying.
The rate is notably high, suggesting that leveraged long positions are crowded. Historically, overheated long positions can lead to cascading liquidations, so be cautious about chasing the rally.
Given the 24h change of -0.6%, sentiment seems to be cooling. Anyone with insights care to share?
#AIN
For reference only; this is not investment advice. DYOR.
The rate is notably high, suggesting that leveraged long positions are crowded. Historically, overheated long positions can lead to cascading liquidations, so be cautious about chasing the rally.
Given the 24h change of -0.6%, sentiment seems to be cooling. Anyone with insights care to share?
#AIN
For reference only; this is not investment advice. DYOR.