MONK
Very interesting how alts OI looks like it’s ballooning but funding rates remain cool. Think de...
239 days agoMONKdefi_monk
Twitter
View on X
Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights

Despite a "ballooning" Open Interest (OI) in altcoins, funding rates remain "cool," suggesting that delta-neutral traders might be skewing typical market comparisons. This indicates a potential for less volatile price action than the high OI might otherwise imply, as these traders are hedging their positions. Investors should monitor altcoin funding rates for any significant shifts, as sustained low rates amidst high OI could signal a more stable, albeit potentially less explosive, market environment.

Ask about this postAnswers are grounded in this post's content.
Tweet
About MONK
MONK

MONK

By defi_monk

Sunny | Research @Messaricrypto | Prev Hedge Fund Monkey | NFA | Check Highlights for Threads | https://t.co/Qu6XiH0KHK