$BMT Current price 0.0274, 1 hour -1.78%, funding rate for the same period -1.015%.
While the price is falling, shorts are still paying funding—the gains from being on the right side of the move have to offset this cost first, suggesting there are so many short sellers that they’re willing to pay to keep their positions open.
Worth noting—let’s see what happens next.
#BMT #FundingRate
For reference only; this is not investment advice. DYOR.
While the price is falling, shorts are still paying funding—the gains from being on the right side of the move have to offset this cost first, suggesting there are so many short sellers that they’re willing to pay to keep their positions open.
Worth noting—let’s see what happens next.
#BMT #FundingRate
For reference only; this is not investment advice. DYOR.
