. However, a negative funding rate means that sentiment is bearish and short positions are dominant in the market.
At the time of writing, ETH’s funding rate had fallen into the negative zone. This means that traders expect ETH to drop below $1,640 in the short term.Meanwhile, there’s a chance that the percentage of ETH holders in loss may increase if the altcoin’s value decreases. At press time, the daily on-chainRealistic or not, here’s
These two metrics show the aggregate amount of coins/tokens across all transactions on the network that moved in profit or loss for a given asset in an interval.As it stands, short-term holders of ETH may have no other option than to wait for a
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