Quick note on the unusual move: $PTB funding rate at -1.75%, settling every 4 hours, with an estimated annualized rate of 3821.5%. Shorts pay.
Price is up 29.24% over the past 24 hours; current price: 0.0006484.
The more negative the funding rate, the more crowded the short trade. Where do you think the key levels are?
#PTB
Price is up 29.24% over the past 24 hours; current price: 0.0006484.
The more negative the funding rate, the more crowded the short trade. Where do you think the key levels are?
#PTB