, or the cost of holding long positions in the perpetual futures market listed on major exchanges, also remains low despite the recent price rally. That could mean leveraged traders are still cautious and have not positioned themselves aggressively during BTC's 13% price jump over the past week.
The funding rate is slightly negative, which means that"leveraged shorts are likely to get liquidated if prices continue to rally, adding more fuel to this short squeeze," QCP Capital wrote.occur when an exchange forcefully closes a trader’s leveraged position as a safety mechanism due to a partial or total loss of the trader’s initial margin. That happens primarily in futures trading.
The previous surge in bitcoin funding rates occurred early in 2021, which preceded a near-50% sell-off. This time, however, funding rates have not reached extreme levels, which suggests some traders have been on the sidelines, scarred by significant liquidations in the prior sell-off.
🔥Bnb Floki Inu🔥 💰💰💰💰💰💰💰💰💰💰 🛡 Contract Verified 🛡 Huge Marketing 🛡 Safu 🛡 Anti Rug 🛡 Kyc & Audit Telegram : bnbflokiinu
Moon Vault, an exciting new Multichain Yield Aggregator. 📓Brewlabs Audit & Rugdoc KYC 🎯Intuitive UI and transparency in community 💰Vaults with only 4,5% profit fee ⛓Chains: BSC, Polygon, Fantom, Harmony, Cronos 🔐Vault examples: BANANA (APY 263.08 %) 📱Telegram: Moon_Vault
🔥METANFT SHILLING COMPETITION🔥 Start from now to Feb 9. Follow social media and invite friends WINNERS 1. 1 WL SPOT AND 500 USD 2. 1 WL SPOT AND 200 USD 3. 1 WL SPOT AND 100 USD 4. 1 WL SPOT AND 50 USD 5.1 WL SPOT AND 10 USD More competitions are coming soon! TG: MFTAIO
Hey everyone！ Elon musk's Rocket doge Coin are here！
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Source: CryptoPanicCom - 🏆 563. / 51 Read more »
Source: BTCTN - 🏆 531. / 51 Read more »