🐋 $GTC funding rate -0.13% (shorts pay, approximately 285.5% annualized).
Short positions are too crowded. An extreme funding rate doesn’t mean an immediate reversal; sometimes overheating can become even more extreme, but volatility generally increases.
#GTC
Short positions are too crowded. An extreme funding rate doesn’t mean an immediate reversal; sometimes overheating can become even more extreme, but volatility generally increases.
#GTC
