BlockBeats News, April 6 — According to Coinglass data, as Bitcoin surged past $69k today, the current mainstream CEX and DEX funding rates indicate that the market’s bearish sentiment has weakened. Specific funding rates are shown in the attached chart. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and the underlying asset prices, typically applicable to perpetual contracts. It is a mechanism for transferring funds between long and short traders; the trading platform does not charge this fee. It is used to adjus
$SIREN Fee-2 is down, the market maker is opening large short positions and preparing to sell spot holdings. Starting tomorrow, it will drop at least -50%, so small funds can enter short positions.
$SIREN This is so damn frustrating. The funding rate updates every hour, and with the market maker's high level of control, it's impossible to play properly.