Bitcoin Funding Rates Turn Negative: Shorts’ Turn To Get Squeezed?

Data shows the Bitcoin funding rates on exchanges have turned negative, a sign that the shorts have now become the dominant force in the market. Bitcoin Funding Rates Have Turned Negative After Market Crash As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin funding rates have seen a sharp decline recently. The “funding rate” refers to a metric that keeps track of the... source: https://www.newsbtc.com/bitcoin-news/bitcoin-funding-rates-negative-shorts-squeezed/