Derivatives Funding Rates Collapse to 2022 Lows as Billions Liquidated — Is Bitcoin Set to Rebound?

Crypto derivatives funding rates collapsed to their lowest levels since the 2022 bear market after over $19. 33 billion in leveraged positions were wiped out in the largest liquidation event in crypto history. source: https://cryptonews.com/news/derivatives-funding-rates-collapse-to-2022-lows-as-billions-liquidated-is-bitcoin-set-to-rebound/