🚨 BLUR SHORTS ARE PAYING -893% A YEAR ‼️
Hyperliquid funding on $BLUR just printed -10.2 bps per hour, which annualizes to roughly -893%. In plain English, shorts are paying longs almost 9x a year just to stay short.
It is not alone either. $BERA (-127%), MET (-112%) and RSR (-80% annualized, confirmed on OKX too) are all showing heavy negative funding, a sign the crowd is leaning hard into shorts across the board.
Extreme negative funding has a nasty habit of marking crowded trades. When everyone is short, it only takes one bid to force a scramble.
Is this the setup for a squeeze, or is the market just pricing in more pain? Drop your thoughts below. 👇
Not financial advice. DYOR.
#crypto #altcoins #defi
Hyperliquid funding on $BLUR just printed -10.2 bps per hour, which annualizes to roughly -893%. In plain English, shorts are paying longs almost 9x a year just to stay short.
It is not alone either. $BERA (-127%), MET (-112%) and RSR (-80% annualized, confirmed on OKX too) are all showing heavy negative funding, a sign the crowd is leaning hard into shorts across the board.
Extreme negative funding has a nasty habit of marking crowded trades. When everyone is short, it only takes one bid to force a scramble.
Is this the setup for a squeeze, or is the market just pricing in more pain? Drop your thoughts below. 👇
Not financial advice. DYOR.
#crypto #altcoins #defi