🐋 $BTW Funding rate -1.68% (shorts pay, annualized about 3676.1%).
There are a lot of short positions piled up. Extremely high rates rarely last very long; either the price pulls back or positions exit before the rate returns to normal.
There are a lot of short positions piled up. Extremely high rates rarely last very long; either the price pulls back or positions exit before the rate returns to normal.