$STRK funding rate turns negative—who’s taking the other side?
Funding rate turns negative. Who’s adding to their position?
+23.8%, current price 0.06105 USDT. Who wouldn’t be envious of this rally?
But the funding rate fell from -0.0025% to -0.0033%—even more negative. Short-side pressure is building. So here’s the question: the cost of holding a short position is rising. Are you sure you’re on the less crowded side?
What about open interest? OI is up 9.7%, following this path: 15.0M > 12.3M > 12.9M > 16.4M. Down, down again, then surging back up. No one was running for the exits during the drop, and real money is still flowing in. And you call that a low-volume slide?
Trading volume: $221.4M. Market cap: $454.3M. Spot trading pairs are right there. The news hasn’t stopped either: Starknet STRK Crypto Jumps +70% After S-Two Prover Release, with 10 related news articles.
Funding rate turns negative, OI expands, and the price has already rallied. Longs are paying, and shorts are paying too. Who’ll buckle first?
This isn’t a case of nobody paying attention. It’s two groups of people throwing money in at the same time.
Don’t max out your leverage. Wait for confirmation. Watch the funding rate, not your fantasies.
Risk warning: the funding rate could flip at any moment. 0.06105 is nobody’s break-even price.
#STRK #币安 #Bitcoin
Funding rate turns negative. Who’s adding to their position?
+23.8%, current price 0.06105 USDT. Who wouldn’t be envious of this rally?
But the funding rate fell from -0.0025% to -0.0033%—even more negative. Short-side pressure is building. So here’s the question: the cost of holding a short position is rising. Are you sure you’re on the less crowded side?
What about open interest? OI is up 9.7%, following this path: 15.0M > 12.3M > 12.9M > 16.4M. Down, down again, then surging back up. No one was running for the exits during the drop, and real money is still flowing in. And you call that a low-volume slide?
Trading volume: $221.4M. Market cap: $454.3M. Spot trading pairs are right there. The news hasn’t stopped either: Starknet STRK Crypto Jumps +70% After S-Two Prover Release, with 10 related news articles.
Funding rate turns negative, OI expands, and the price has already rallied. Longs are paying, and shorts are paying too. Who’ll buckle first?
This isn’t a case of nobody paying attention. It’s two groups of people throwing money in at the same time.
Don’t max out your leverage. Wait for confirmation. Watch the funding rate, not your fantasies.
Risk warning: the funding rate could flip at any moment. 0.06105 is nobody’s break-even price.
#STRK #币安 #Bitcoin