🔎 Let’s break down the numbers: $MINA funding rate is -0.187%, with an 8-hour settlement interval and an annualized rate of about 205%. Shorts pay.
Price over the same period: 24h +2.33%, current price 0.0789.
The more negative the funding rate, the more crowded the short side is. Could the market turn around next?
#MINA
This is for informational purposes only and does not constitute investment advice.
Price over the same period: 24h +2.33%, current price 0.0789.
The more negative the funding rate, the more crowded the short side is. Could the market turn around next?
#MINA
This is for informational purposes only and does not constitute investment advice.