$XMR The funding rate on Hyperliquid is currently 0.083%, which works out to roughly 724.7% annualized. Longs are paying.
The current price is 553.27, down -4.09% over 24 hours. This exchange has a 24-hour trading volume of $34.5 million.
With the price falling and the funding rate still this high, it looks like some traders are unwilling to close their positions. Keep an eye on your own position.

#XMR #On-chain data
Personal opinion, not investment advice.