$BTW is down 6.1% today. I checked the long/short ratio, and it’s 0.78, so there are more shorts.
Interestingly, shorts are paying the funding rate: 0.16% per settlement.
Is one side simply overcrowded, or has everyone reached a consensus that the market is going down?

#BTW #资金费率 #crypto
These are my personal observations, not financial advice.