Shorts are all piled onto it
1. $RSR -2.0000%
2. $GTC -2.0000%
3. $CTK -0.5171%
4. RLC -0.2104%
5. CKB -0.1544%
The funding rate for $RSR is -2.0000%, meaning short sellers are paying long holders. Shorts are this crowded, possibly due to a new listing on an exchange in South Korea. Trading volume is 46.5 times the daily average over the past week—volume has surged. Before the rate returns to normal, even a small move upward could force shorts to buy back. Keep an eye on the rate; it’s only over once it returns to zero.
Just a personal note, not investment advice.
1. $RSR -2.0000%
2. $GTC -2.0000%
3. $CTK -0.5171%
4. RLC -0.2104%
5. CKB -0.1544%
The funding rate for $RSR is -2.0000%, meaning short sellers are paying long holders. Shorts are this crowded, possibly due to a new listing on an exchange in South Korea. Trading volume is 46.5 times the daily average over the past week—volume has surged. Before the rate returns to normal, even a small move upward could force shorts to buy back. Keep an eye on the rate; it’s only over once it returns to zero.
Just a personal note, not investment advice.