🚨 RSR SHORTS ARE PAYING 158% A YEAR TO STAY SHORT 🩸
Funding on $RSR just printed one of the deepest negative readings of the week: roughly -158% annualized on Hyperliquid, with OKX confirming at -111%. When both venues agree this hard, it is not a glitch on one order book.
Shorts are paying longs triple-digit annualized rates just to keep the position open. And it is not only RSR: on the same OKX board, $PEPE (-13.7% annualized) and FLOKI (-12.4%) shorts are paying up too, so crowded shorts are spreading across meme names.
The mechanics are simple. Everyone leaning on one side of the boat is exactly the setup that produces violent squeezes. If price stops cooperating with the bears, the covering rush feeds on itself fast.
So is this the market correctly pricing in more pain, or a crowded trade about to get carried out? 👇
Not financial advice. DYOR.
#crypto #altcoins #fundingrates
Funding on $RSR just printed one of the deepest negative readings of the week: roughly -158% annualized on Hyperliquid, with OKX confirming at -111%. When both venues agree this hard, it is not a glitch on one order book.
Shorts are paying longs triple-digit annualized rates just to keep the position open. And it is not only RSR: on the same OKX board, $PEPE (-13.7% annualized) and FLOKI (-12.4%) shorts are paying up too, so crowded shorts are spreading across meme names.
The mechanics are simple. Everyone leaning on one side of the boat is exactly the setup that produces violent squeezes. If price stops cooperating with the bears, the covering rush feeds on itself fast.
So is this the market correctly pricing in more pain, or a crowded trade about to get carried out? 👇
Not financial advice. DYOR.
#crypto #altcoins #fundingrates