‼️ $MAGIC Funding rate: -0.0711%; shorts pay, annualized at 155.6%.
Short positions are overcrowded—watch out for a short squeeze.
No matter how large the liquidation amount is, it’s only an outcome. What matters is how positions build up afterward. How much leverage is safe? Share your thoughts in the comments.
This is just my personal opinion and not a basis for trading.
Short positions are overcrowded—watch out for a short squeeze.
No matter how large the liquidation amount is, it’s only an outcome. What matters is how positions build up afterward. How much leverage is safe? Share your thoughts in the comments.
This is just my personal opinion and not a basis for trading.