Crazy!
$BLUR The funding rate has dropped to -0.0721%! The short side is way too crowded 🔥
158% annualized, with shorts paying fees the whole time—watch out for a short squeeze!
The longer high funding rates persist, the higher the funding costs—and the more people will be unable to hold on. Are you bullish or bearish, and why?
#BLUR
$BLUR The funding rate has dropped to -0.0721%! The short side is way too crowded 🔥
158% annualized, with shorts paying fees the whole time—watch out for a short squeeze!
The longer high funding rates persist, the higher the funding costs—and the more people will be unable to hold on. Are you bullish or bearish, and why?
#BLUR