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26m 56s ago
Bitcoin's $81K Rally Comes Amid 66-Day Negative Funding Streak: Here’s Why
BTC
BTC/USDT
$81,620.99
+3.42%
$81,620.99
+3.42%
(24s)24h Volume
$24,804,908,582.78
24h H/L
$81,666.00 / $78,500.00
Change: $3,166.00 (4.03%)
Long/Short
34.1%
Long: 34.1%Short: 65.9%
Funding Rate
-0.0023%
Shorts pay
Data provided by COINOTAG DATALive data
Shorts have paid a 12% annualized carry for 66 days amid Bitcoin's climb—analysts say the driver is institutional hedging, not fear.
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