Position pressure at 5x, while funding rates on both sides are still battling it out.
$AAVE Binance at 147.7, down 1.3% on the day and 4.5% below the high.
HL positions at around 55.7M / 10.3M today, density 5.4; the long-side funding tax is maxed out. OKX funding has turned negative.
Aave V3 daily fees at around 1.1M, almost unchanged.
Positions haven’t unwound, but funding directions have split first—the squeeze isn’t over.
#AAVE仓压 #Lending structure
$AAVE Binance at 147.7, down 1.3% on the day and 4.5% below the high.
HL positions at around 55.7M / 10.3M today, density 5.4; the long-side funding tax is maxed out. OKX funding has turned negative.
Aave V3 daily fees at around 1.1M, almost unchanged.
Positions haven’t unwound, but funding directions have split first—the squeeze isn’t over.
#AAVE仓压 #Lending structure