SKR funding rates plunged deeper into negative territory over ten minutes, dropping from -0.0695% to -0.1459% before settling near -0.1265%. This means short sellers are paying a premium to keep their positions open, signaling heavy downward pressure or aggressive hedging.
Shorts are paying longs a -0.0695% funding rate
Shorts are paying longs a -0.0706% funding rate
Shorts are paying longs a -0.0712% funding rate
Shorts are paying longs a -0.0716% funding rate
Shorts are paying longs a -0.0724% funding rate
Shorts are paying longs a -0.0733% funding rate
Shorts are paying longs a -0.0745% funding rate
Shorts are paying longs a -0.1459% funding rate
Shorts are paying longs a -0.1287% funding rate
Shorts are paying longs a -0.1265% funding rate