IntoTheBlock: perpetual swap contract funding rates rise above 10% as bullish sentiment rises
Bitget2024/11/22 21:07
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.
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