📊 Let’s start with the data: $SAND has a funding rate of -0.51%, settles every 8 hours, and is annualized at approximately 558.2%. Shorts pay.
Over the same period, the price is up 12.57% in 24 hours, with the current price at 0.06204.
The more negative the funding rate, the more crowded the short positions. Where do you think the key levels are?
#SAND
Over the same period, the price is up 12.57% in 24 hours, with the current price at 0.06204.
The more negative the funding rate, the more crowded the short positions. Where do you think the key levels are?
#SAND