🐋 Attention, leveraged traders: funding rate for $OGN is -0.105%; shorts are paying.
This means a large number of leveraged short positions are crowded on the short side. If the price rebounds, short covering could trigger a sharp spike.
Annualized rate: around 229%. What’s your first reaction?
#OGN
Don’t treat this as a buy or sell signal.
This means a large number of leveraged short positions are crowded on the short side. If the price rebounds, short covering could trigger a sharp spike.
Annualized rate: around 229%. What’s your first reaction?
#OGN
Don’t treat this as a buy or sell signal.