PANews reported on November 23 that IntoTheBlock data showed that the funding rate for perpetual swap contracts has soared to more than 10%, and even reached 20% on mainstream exchanges. Such high costs indicate that traders are increasingly bullish. Although still below the peak in the first quarter, continued demand may suggest overheated speculation.
Data: Perpetual swap contract funding rate rises to over 10%
- 2024-11-23
Binance stablecoin inflows hit $10.2 billion in the past month, a record high
- 2024-11-23
Market: XLM rose 54.42% during the day, while LEO fell 3.52% during the day
- 2024-11-23
GMGN, a website with Meme coin data dashboard and trading function, publishes webpage and TG BOT automatic copy function
- 2024-11-23
ZKasino misappropriated funds that were to be returned to users and used leverage to go long on ETH on the chain
- 2024-11-23
Trump gets approval to drop criminal case over hush money payments
- 2024-11-23
Australia seeks public input on crypto asset tax report