Bitcoin Futures Funding Rates Show Signs of Cooling

According to Foresight News, data from Glassnode indicates that Bitcoin futures funding rates are experiencing a cooling trend. Currently, the rates stand at approximately $366,000 per hour, nearing the neutral threshold of $300,000 per hour for this cycle. A drop below this level would suggest weakening demand and highlight a growing divergence from the previous bullish phase's off-chain data. source: https://www.binance.com/en/square/post/29278432544937?utm_source=BinanceNewsRSS