🚨 SAND SHORTS NOW PAY 725%/YEAR TO HOLD
Hyperliquid $SAND funding hit -725%/yr (-8.28 bp/hour). OKX agrees: -311%/yr. Yesterday it was "only" -333%.
THE CRAZY PART ISN'T THE -725%. IT'S THAT SAND IS STILL GREEN: +1.8% ($0.0598, Binance spot).
Why it matters: shorts pay 7x a year and price won't break. Any bounce forces covers, and covering is the only buy flow left.
⚠️ Extreme funding doesn't guarantee a squeeze. Crowded shorts are sometimes right.
🅰️ squeeze incoming 🅱️ the crowd knows something. Where do you stand? 👇
Not financial advice. DYOR.
#crypto #funding #altcoins
Hyperliquid $SAND funding hit -725%/yr (-8.28 bp/hour). OKX agrees: -311%/yr. Yesterday it was "only" -333%.
THE CRAZY PART ISN'T THE -725%. IT'S THAT SAND IS STILL GREEN: +1.8% ($0.0598, Binance spot).
Why it matters: shorts pay 7x a year and price won't break. Any bounce forces covers, and covering is the only buy flow left.
⚠️ Extreme funding doesn't guarantee a squeeze. Crowded shorts are sometimes right.
🅰️ squeeze incoming 🅱️ the crowd knows something. Where do you stand? 👇
Not financial advice. DYOR.
#crypto #funding #altcoins