A note on leveraged funds: $STEEM funding rate is -1.06%; shorts are continuing to pay.
This means a large number of leveraged short positions are concentrated on the short side. If prices rebound, short covering could easily trigger a sharp rally.
Annualized rate: approximately 2318%. Follow me so you don't miss any unusual moves.
#STEEM
This is not investment advice. Don't follow this trade.
This means a large number of leveraged short positions are concentrated on the short side. If prices rebound, short covering could easily trigger a sharp rally.
Annualized rate: approximately 2318%. Follow me so you don't miss any unusual moves.
#STEEM
This is not investment advice. Don't follow this trade.
