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TechFlow news, November 23 — IntoTheBlock data shows that perpetual swap funding rates have surged above 10%, reaching as high as 20% on major exchanges.
Such high costs indicate growing bullish sentiment among traders. Although still below the peak levels seen in the first quarter, sustained demand could signal overheated speculation.
IntoTheBlock data shows that funding rates for perpetual swap contracts have surged above 10%, reaching as high as 20% on major exchanges. Such high costs indicate growing bullish sentiment among traders. Although still below the peak levels seen in the first quarter, sustained demand could suggest overheated speculation.
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