🐋 For those watching contract funding, note: $CT funding rate is -0.308%; shorts pay.
This means a large amount of leveraged short positions are stacked on the short side. If the price rebounds, short covering could easily trigger a short squeeze.
Annualized rate is about 675.3%. Share your thoughts in the comments.
#CT
This means a large amount of leveraged short positions are stacked on the short side. If the price rebounds, short covering could easily trigger a short squeeze.
Annualized rate is about 675.3%. Share your thoughts in the comments.
#CT