🐋 For those tracking leveraged funds: the funding rate is 0.129% on $AGT , with longs paying.
This suggests a heavy concentration of leveraged long positions. If the price reverses, there’s a significant risk of cascading stop-losses among longs.
That’s about 281.4% annualized. Like this first, and we’ll compare notes later.
This suggests a heavy concentration of leveraged long positions. If the price reverses, there’s a significant risk of cascading stop-losses among longs.
That’s about 281.4% annualized. Like this first, and we’ll compare notes later.