The shorts on $BMT are like tenants who pay rent on time but still can’t move in: the funding rate is -0.126%, and they’re paying every period.
Translation: So many people are short that they’re lined up in a long queue—and the “toll” has even turned negative 🚇
When liquidations pile up on one side, only some of the positions on that side have been cleared out. Check in in the comments: did you miss the move, or are you left holding the bag?
#BMT
Translation: So many people are short that they’re lined up in a long queue—and the “toll” has even turned negative 🚇
When liquidations pile up on one side, only some of the positions on that side have been cleared out. Check in in the comments: did you miss the move, or are you left holding the bag?
#BMT