🧨 $BLUR Funding rate: -0.501%. Shorts pay, with an annualized rate of 1098.2%.
Short positions are overcrowded; watch out for a rebound.
An extreme funding rate doesn't mean an immediate reversal, but it does indicate that leverage on this side is crowded. Would you trade in these market conditions?
#BLUR
Short positions are overcrowded; watch out for a rebound.
An extreme funding rate doesn't mean an immediate reversal, but it does indicate that leverage on this side is crowded. Would you trade in these market conditions?
#BLUR