đš $RSR SHORTS NOW PAYING -349% A YEAR TO LONGS
Funding on Hyperliquid just hit -349% annualized for RSR (-153% on OKX too). When shorts pay longs this much just to stay in the trade, the crowd is leaning one way hard.
Why it matters: we saw this play out today with BLUR. Funding hit -893% this morning and BLUR spot ripped +22.7% while funding blew out further to -2,758%. Crowded shorts do not need good news to squeeze, they just need one bid.
Is RSR next in line, or does the crowd get its pain trade?
Not financial advice. DYOR.
#crypto #altcoins
Funding on Hyperliquid just hit -349% annualized for RSR (-153% on OKX too). When shorts pay longs this much just to stay in the trade, the crowd is leaning one way hard.
Why it matters: we saw this play out today with BLUR. Funding hit -893% this morning and BLUR spot ripped +22.7% while funding blew out further to -2,758%. Crowded shorts do not need good news to squeeze, they just need one bid.
Is RSR next in line, or does the crowd get its pain trade?
Not financial advice. DYOR.
#crypto #altcoins