Bitcoin Funding Rates Have Finally Calmed Down.
Bitcoin funding cost, which has been at an extremely high level since February 26, 2024, increased from 0.01 to 0.08.
This caused those who held "long" positions to pay very serious fees. With the sharp declines in recent days, Bitcoin Funding Rate has retreated to 0.01, which is a healthy level in the bull cycle.
Especially investors who trade with leverage need to follow this data closely.
