Just checked three consecutive ENA funding rate periods—all at a discount.
$ENA : current price 0.214, down 9.1% on the day and 9.1% from the high.
OKX is currently around -0.019%; the previous settlement was -0.022%. HL positions are about 125 million, with a density of 1.9.
BN volume is about 63 million.
Shorts are paying, while spot is still selling off—crowded shorts are still building. Not calling a bottom.
#ENA费率 #StablecoinTiering
$ENA : current price 0.214, down 9.1% on the day and 9.1% from the high.
OKX is currently around -0.019%; the previous settlement was -0.022%. HL positions are about 125 million, with a density of 1.9.
BN volume is about 63 million.
Shorts are paying, while spot is still selling off—crowded shorts are still building. Not calling a bottom.
#ENA费率 #StablecoinTiering