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TechFlow news, November 26 — According to IntoTheBlock analysis, Bitcoin's pullback was partly due to rising funding rates, indicating excessive leverage in the market. The good news is that funding rates have largely returned to normal, suggesting the trend of leveraged liquidations may be nearing its end.
According to Into The Block analysis, Bitcoin's pullback was partly due to rising funding rates, indicating excessive leverage in the market. The good news is that funding rates have largely returned to normal, suggesting that the trend of leverage liquidations may be nearing its end.
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