For those tracking leveraged funds: the funding rate for $CT is -0.251%, meaning shorts are continually paying.
This means a large number of leveraged short positions are stacked on the short side. If the price rebounds, short covering could easily trigger a short squeeze.
Annualized, that's about 549.7%. Do you hold anything related?
#CT
This means a large number of leveraged short positions are stacked on the short side. If the price rebounds, short covering could easily trigger a short squeeze.
Annualized, that's about 549.7%. Do you hold anything related?
#CT