🐋 $CT Funding rate: -0.154% (shorts pay; approximately 336.3% annualized).
Short positions are piling up. When the funding rate is heavily skewed in one direction, it often signals that positions on that side are overly concentrated, increasing the risk of a shakeout in the opposite direction.
#CT
Short positions are piling up. When the funding rate is heavily skewed in one direction, it often signals that positions on that side are overly concentrated, increasing the risk of a shakeout in the opposite direction.
#CT