Some altcoins have risen by more than 250% in 30 days. The increase in funding rates may indicate potential callback risks.

Some altcoins such as HBAR, XLM, XRP, ALGO and ADA have risen sharply, with gains exceeding 250% in 30 days, and funding rates for perpetual futures contracts have risen to between 4% and 6% per month. This situation reflects the increase in leverage usage, making current price levels potentially vulnerable to a sharp correction. While high funding rates may indicate optimism and further growth potential for altcoins, they also increase risks for traders, in stark contrast to the more moderate leverage observed in major cryptocurrencies such as BTC and ETH. (Cointelegraph)