$RLC Guys, the funding rate on RLC has me stunned! What does an annualized rate of -300% even mean? Short sellers don’t just have to weather price moves—they also have to pay the longs protection money every day. The interest is absurdly high. Put bluntly: the market is overwhelmingly betting that it’ll fall, but at this price, even the shorts are starting to bleed. With a setup this extreme, don’t rush to short it—instead, watch out for a forced short squeeze driven by funding flows. Spot traders can shrug it off, but if you’re holding a leveraged position here, the cost is an invisible wound. I’m not predicting which way it’ll go. I’ll just say this: you can be bearish on the market, but don’t jump in when the short side is most crowded. 🔍

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