$AVAX shorts are bleeding: funding at -0.0416% per 4h while OI surged 35.4% in 24h alongside a 17.27% price pump.
That is leverage stacking against the short side — funding keeps charging them. When funding goes this negative, the squeeze hasn't peaked yet.
That is leverage stacking against the short side — funding keeps charging them. When funding goes this negative, the squeeze hasn't peaked yet.