Data: The current mainstream CEX and DEX funding rates indicate that the market is once again turning fully bearish

BTC1,25%

ChainCatcher reports that, according to Coinglass data, Bitcoin remains in a range-bound oscillation. Currently, mainstream CEX and DEX funding rates indicate a renewed overall bearish market, with specific funding rates shown in the attached chart.

Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and the underlying asset prices, typically applicable to perpetual contracts. They are a mechanism for transferring funds between long and short traders; the trading platform does not charge this fee. The funding rate adjusts the cost or yield for traders holding contracts to keep the contract price close to the underlying asset price. A funding rate of 0.01% indicates the baseline rate. When the funding rate exceeds 0.01%, it signifies a generally bullish market. When the funding rate is below 0.005%, it indicates a generally bearish market.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Depot Discloses $3.6M BTC Theft After Hack on Settlement Accounts

Bitcoin Depot reported a security breach where hackers stole 50.9 BTC, worth approximately $3.6 million, by compromising internal settlement account credentials. This incident highlights vulnerabilities in crypto companies' operational infrastructure, emphasizing the need for enhanced security measures.

CryptoNewsFlash49m ago

The U.S. government transferred 2.4 Bitcoins to a certain CEX address.

Gate News update, April 11, according to Arkham data, about 8 hours ago the U.S. government address transferred a total of approximately 2.438 BTC to a certain CEX address in two transactions, of 0.46 BTC and 1.979 BTC, respectively. The related funds belong to the Bitcoin that was previously seized by law enforcement from Glenn Olivio.

GateNews1h ago

Strategy bought 3,468 BTC via STRC perpetual preferred stock at today’s early morning hours.

Gate News update: On April 11, Strategy (formerly MicroStrategy) led by Michael Saylor purchased 3,468 BTC early this morning through its perpetual preferred stock STRC(Stretch).

GateNews2h ago

Thailand Tightens Crypto Rules While Expanding Bitcoin Products

Hidden Funders Face Shareholder-Level Scrutiny Thailand is moving to tighten control over crypto ownership structures while expanding regulated market access. Authorities plan to track hidden financiers and restrict illicit capital flows. At the same time, regulators are opening pathways for

CryptoBreaking2h ago

BlackRock withdrew 3,741 BTC and 41,075 ETH from a certain CEX, totaling approximately $364 million in value

Gate News message: On April 11, according to monitoring by Onchain Lens, BlackRock withdrew 3,741 BTC (worth $272.49 million) and 41,075 ETH (worth $92.00 million) from a certain CEX. The total value of the two transfers is about $364 million.

GateNews2h ago
Comment
0/400
No comments