Even with all the price swings lately, the perps market? Dead quiet.
Look at the funding rate—longs are only paying $72K per hour now (168h moving average). That's brutal. We're talking an 87% nosedive from the $565K/hour madness we saw back in mid-July.
The leverage crowd has basically left the building.
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SatsStacking
· 4h ago
All the leveraged players are really gone, this funding rate is killing me.
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AirdropHunter007
· 16h ago
The leveraged players really ran away, this funding rate cracked me up.
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ChainMemeDealer
· 16h ago
The leverage freaks really ran away, 87% Plummet is just outrageous.
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MevTears
· 16h ago
The leveraged traders have all run away, this is reality.
Even with all the price swings lately, the perps market? Dead quiet.
Look at the funding rate—longs are only paying $72K per hour now (168h moving average). That's brutal. We're talking an 87% nosedive from the $565K/hour madness we saw back in mid-July.
The leverage crowd has basically left the building.