$LSK funding is sitting at -0.066% and half of crypto Twitter can't tell you who's paying ๐
A, B or C? answer in the comments before you scroll down
โธ answer: B. negative funding = shorts pay longs, every 8 hours on futures
โธ it means more traders are betting on a drop. LSK is on a 6-day red streak, so the crowd is leaning hard one way
โธ compare $NEAR at +0.01%, the normal default where longs pay a tiny fee
when one side gets too crowded and keeps paying, things can snap back fast. not always though
did you get it right? ๐ค
#LSK #Write2Earn #crypto
A, B or C? answer in the comments before you scroll down
โธ answer: B. negative funding = shorts pay longs, every 8 hours on futures
โธ it means more traders are betting on a drop. LSK is on a 6-day red streak, so the crowd is leaning hard one way
โธ compare $NEAR at +0.01%, the normal default where longs pay a tiny fee
when one side gets too crowded and keeps paying, things can snap back fast. not always though
did you get it right? ๐ค
#LSK #Write2Earn #crypto
