IntoTheBlock: perpetual swap contract funding rates rise above 10% as bullish sentiment rises
IntoTheBlock has released data showing that funding rates for perpetual swaps have soared to more than 10%, even reaching 20% on mainstream exchanges. Such high costs indicate growing bullish sentiment among traders. Although still below the peak in the first quarter, sustained demand at this level could suggest overheated speculation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BNB treasury company Nano Labs announces early repayment of convertible bonds to strengthen risk management
Japan's first yen stablecoin issuer JPYC may become a new force in the government bond market
Bitget CEO tells Bloomberg that macro policies in December will determine the direction of the crypto market
Trending news
MoreCrypto prices
More
