The 9th-anniversary trending topics are buzzing, but exchange-token funding rates are pulling in opposite directions—the one celebrating the occasion fell about 2.7% over the week and is still paying near-maximum rent; meanwhile, the old payment coin beside it gained about 2.5% over the week, collecting subsidies from inverted funding.
$BNB: virtually flat for the day / down about 2.7% for the week, currently around 695. Account long-short ratio around 2.36 (a little over 70% long), funding rate around +0.0077%/8h, OI around −1.6%. Celebrate the anniversary all you like, but don’t take 695 as confirmation of a recovery.
In the same period, $TRX gained about 2.5% for the week, with longs around 67%; funding is inverted at about −0.0029%/8h, paying subsidies, and OI is around −2.2%.
One side is paying near-maximum rent, while the other is turning green and collecting inverted-funding wages. Are the funds celebrating—or did they switch seats long ago? Pick a side in the comments.
#Binance9thAnniversary
$BNB: virtually flat for the day / down about 2.7% for the week, currently around 695. Account long-short ratio around 2.36 (a little over 70% long), funding rate around +0.0077%/8h, OI around −1.6%. Celebrate the anniversary all you like, but don’t take 695 as confirmation of a recovery.
In the same period, $TRX gained about 2.5% for the week, with longs around 67%; funding is inverted at about −0.0029%/8h, paying subsidies, and OI is around −2.2%.
One side is paying near-maximum rent, while the other is turning green and collecting inverted-funding wages. Are the funds celebrating—or did they switch seats long ago? Pick a side in the comments.
#Binance9thAnniversary
