Analysis: The Bitcoin funding rate has largely returned to normal, which may indicate that the leverage liquidation is nearing its end
BlockBeats reports that on November 26, according to intotheblock analysis, the Bitcoin pullback can be attributed to higher funding rates, indicating over-leveraged positions. The good news is that funding rates have largely returned to normal, suggesting that leverage liquidation may be nearing its end.
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.
You may also like
Ethereum's net supply increased by 18,469 in the past 7 days
Swiss crypto bank Amina Bank completes DLT settlement test via Google Cloud
Data: Machi increases Ethereum long positions to $28.6 millions, with an entry price of $2,981.59
Nasdaq: Approval of its tokenized stock program by the SEC is now a top priority
Trending news
MoreCrypto prices
More
