Markets· ★★★· bearish·

Bitcoin Funding Rate on Binance Hits Nine-Month Low

  • —Binance BTC funding rate near -0.00215, lowest since January
  • —Reading sits below the 30-day moving average of about 0.00458
  • —Negative funding means shorts pay longs
  • —BTC trades around $83,000 as bearish positioning builds
Why it matters: Crowded shorts leave the market exposed to a sharp squeeze if spot demand picks up.
#BTC
Source: Coinpedia
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