Funding rates signal divergence in the $SOL market; $BTC whale selling triggers a chain reaction
A large $BTC sell-off worth $1,052,225 was executed at $82,600.00. The $SOL funding rate is -0.0008%, with a long/short ratio of 2.382. The $BTC funding rate is bullish, with a long/short ratio of 1.751.
U.S. stocks pulled back: the S&P 500 fell 0.47%, the Nasdaq fell 1.25%, and the Dow Jones rose 0.1%.
Source: Whale monitoring
#MarketShift
A large $BTC sell-off worth $1,052,225 was executed at $82,600.00. The $SOL funding rate is -0.0008%, with a long/short ratio of 2.382. The $BTC funding rate is bullish, with a long/short ratio of 1.751.
U.S. stocks pulled back: the S&P 500 fell 0.47%, the Nasdaq fell 1.25%, and the Dow Jones rose 0.1%.
Source: Whale monitoring
#MarketShift