🔻 Shorts are paying to stay in, and almost nobody notices
$BTW has funding of -0.27% every 4h and $ERA -0.25%, the most negative in the entire pool with volume. Translation: those betting on a drop are paying longs to keep their positions. BTW, it’s down -10.8% in 24h, and yet the short side is still crowded.
Such negative funding is often fuel for a violent rebound if the price holds, or proof that the decline is serious. Not a signal or advice, just real-time futures data 😭
Which side do you think is more uncomfortable right now? 🖤
#CryptoTrading #BinanceSquare #Futures #Altcoins
$BTW has funding of -0.27% every 4h and $ERA -0.25%, the most negative in the entire pool with volume. Translation: those betting on a drop are paying longs to keep their positions. BTW, it’s down -10.8% in 24h, and yet the short side is still crowded.
Such negative funding is often fuel for a violent rebound if the price holds, or proof that the decline is serious. Not a signal or advice, just real-time futures data 😭
Which side do you think is more uncomfortable right now? 🖤
#CryptoTrading #BinanceSquare #Futures #Altcoins
