$BLUR funding rates turn negative, and the cost of holding shorts is climbing
Market cap is only $28.8M, yet 24h trading volume is $92.1M. Money worth three times the market cap changed hands in $BLUR today.
Open interest has been anything but steady: 4.8M → 4.6M → 4.8M → 5.3M, up 10.8%. It dips a notch, and someone adds; it ticks up again, and someone adds more. This isn’t a low-volume slide—real money is piling in.
The current price is 0.0106, up 5.2% over 24h. At the same time, the funding rate slid from -0.1518% to -0.1573%, turning even more negative.
Put simply: bears are starting to take the lead, but the cost of holding short positions is rising. The price is going up while the funding rate remains negative—short sellers pay the other side for every extra hour they hold.
The news scene is active too, with 10 stories in focus. The one about Blur shutting down is still on the list. Is the direction confirmed? No.
Work out the cost of holding your position first, then decide whether to keep holding.
#BLUR #币安 #Bitcoin
Market cap is only $28.8M, yet 24h trading volume is $92.1M. Money worth three times the market cap changed hands in $BLUR today.
Open interest has been anything but steady: 4.8M → 4.6M → 4.8M → 5.3M, up 10.8%. It dips a notch, and someone adds; it ticks up again, and someone adds more. This isn’t a low-volume slide—real money is piling in.
The current price is 0.0106, up 5.2% over 24h. At the same time, the funding rate slid from -0.1518% to -0.1573%, turning even more negative.
Put simply: bears are starting to take the lead, but the cost of holding short positions is rising. The price is going up while the funding rate remains negative—short sellers pay the other side for every extra hour they hold.
The news scene is active too, with 10 stories in focus. The one about Blur shutting down is still on the list. Is the direction confirmed? No.
Work out the cost of holding your position first, then decide whether to keep holding.
#BLUR #币安 #Bitcoin