Bitcoin’s 4% Drop Cools Overheated Funding Rates, Data Show
Funding rates for major tokens, including BTC, have normalized to below 0.1%, indicating an exit of over leveraged bulls.
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Crypto Price Whipsaw Triggers $256M in Liquidation Losses
Liquidations are likely to have less impact on spot prices thanks to declining open interest, FalconX’s head of research noted.
Bitcoin Short Squeeze Lifts Prices Back to $26K
A short squeeze refers to a price rally driven by an unwinding of bearish bets.