Analysis: The Bitcoin funding rate has largely returned to normal, which may indicate that the leverage liquidation is nearing its end
BlockBeats reports that on November 26, according to intotheblock analysis, the Bitcoin pullback can be attributed to higher funding rates, indicating over-leveraged positions. The good news is that funding rates have largely returned to normal, suggesting that leverage liquidation may be nearing its end.
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
Chainlink Reserve adds 89,079 LINK tokens, bringing total holdings to 973,752 LINK
A certain whale has bought another $7.1 million worth of AAVE in the past 5 days
In the past 7 days, only 11 public chains had fee revenues exceeding $100,000.
Chainlink reserves increased by approximately 89,000 LINK tokens, bringing total holdings to around 974,000 LINK.