IntoTheBlock: perpetual swap contract funding rates rise above 10% as bullish sentiment rises
IntoTheBlock has released data showing that funding rates for perpetual swaps have soared to more than 10%, even reaching 20% on mainstream exchanges. Such high costs indicate growing bullish sentiment among traders. Although still below the peak in the first quarter, sustained demand at this level could suggest overheated speculation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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