A quick look at what just happened with $BIRB : 15 minutes, -4.31%.
After a drop, if the funding rate turns negative and becomes increasingly extreme, it means shorts are piling in—so watch out for a rebound. I checked the market while I was on the way just now and saw this move.
After a drop, if the funding rate turns negative and becomes increasingly extreme, it means shorts are piling in—so watch out for a rebound. I checked the market while I was on the way just now and saw this move.