IntoTheBlock: BTC and ETH perpetual swap funding rates hit yearly highs
IntoTheBlock stated in a post on X platform that the financing rates for perpetual BTC and ETH contracts have reached a new high for the year, indicating that the market may be overheated. Although this is not a direct predictor of price decline, the sustained high rates suggest that investors need to be cautious.
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
[Initial Listing] Bitget Will List Succinct (PROVE). Come and grab a share of 66,666 PROVE
BGB Holders' August Surf Fest — ride the wealth wave and win from $10,000!
Subscribe to CYC Savings and enjoy up to 20% APR
Wealth Management Festival: 50 USDT for New Users & Up to 30,000 USDT in Wealth Bonuses!
Trending news
MoreCrypto prices
More
