Glassnode: Crypto market funding rates have dropped to their lowest levels since the 2022 bear market
ChainCatcher News, Glassnode posted on social media stating, "The funding rate across the entire cryptocurrency market has dropped to its lowest level since the 2022 bear market. This marks one of the most significant leverage resets in the history of the crypto market, indicating that speculative excesses have been systematically cleared out."
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
Tether CEO: USDT is the best collateral for derivatives and margin trading, and has stood the test of time
Ethereum Gas fee is currently reported at 0.383 Gwei
Data: A certain whale went long on 770 BTC on Hyperliquid, with an entry price of $111,749.
