Current perpetual funding rates show a clear divergence between longs and shorts: NATGAS is as high as +0.500%, while INIT is as low as -1.155%. Both sides are crowded, with sentiment among shorts more extreme.
Crowded longs:
$NATGAS +0.500%, current price 3.527, trading volume 100 million USDT
$ARIA +0.093%, current price 0.2168, trading volume 100 million USDT
$NVDA +0.054%, current price 166.9, trading volume 1.38 billion USDT
Crowded shorts:
INIT -1.155%, current price 0.2747, trading volume 1.19 billion USDT
BZ -0.135%, current price 90.83, trading volume 660 million USDT
CYBER -0.099%, current price 0.2796, trading volume 100 million USDT
Data analysis: INIT's -1.155% funding rate indicates extremely crowded shorts. Its trading volume has reached 1.19 billion USDT, nearly 90% of that of NVDA, the leader on the long side. Beware of the risk of a short squeeze in the near term.
With INIT's extreme negative funding rate of -1.155% today, do you think the shorts can hold out? Share your thoughts in the comments.
#BTC #FundingRate
Crowded longs:
$NATGAS +0.500%, current price 3.527, trading volume 100 million USDT
$ARIA +0.093%, current price 0.2168, trading volume 100 million USDT
$NVDA +0.054%, current price 166.9, trading volume 1.38 billion USDT
Crowded shorts:
INIT -1.155%, current price 0.2747, trading volume 1.19 billion USDT
BZ -0.135%, current price 90.83, trading volume 660 million USDT
CYBER -0.099%, current price 0.2796, trading volume 100 million USDT
Data analysis: INIT's -1.155% funding rate indicates extremely crowded shorts. Its trading volume has reached 1.19 billion USDT, nearly 90% of that of NVDA, the leader on the long side. Beware of the risk of a short squeeze in the near term.
With INIT's extreme negative funding rate of -1.155% today, do you think the shorts can hold out? Share your thoughts in the comments.
#BTC #FundingRate
