Markets2m read
Bitcoin Rebounds Swiftly After "Strategy" BTC Sale, Funding Rates Hit 9%
Bitcoin quickly rebounded after a major holder, referred to as Strategy, sold BTC, with funding rates soaring to 9%, signaling persistent bullish sentiment.
◆ #funding rates
Bitcoin1m read
High Bitcoin Derivatives Open Interest Raises Concerns as Price Falls
Despite Bitcoin's recent price dip below $70,000, derivatives markets exhibit high open interest and elevated funding rates, suggesting potential market instability.