The data is the most honest: $BAT 15-minute position +3.78%, total positions worth $9.76 million; price over the same period +0.12%, 24h +13.59%.
Leverage is building up quickly. Extreme funding rates don’t mean an immediate reversal, but they do show that leverage on this side is very crowded. Anyone in the know care to weigh in?
#BAT
DYOR, and participate rationally.
Leverage is building up quickly. Extreme funding rates don’t mean an immediate reversal, but they do show that leverage on this side is very crowded. Anyone in the know care to weigh in?
#BAT
DYOR, and participate rationally.