ETH funding rate turns negative, but US macro conditions mute the buy signal
3d ago•
bullish:
0
bearish:
0
Share
Crypto traders usually view negative funding rates as a buy signal, but this week’s volatility US earnings outcome may cloud the value of the signal for ETH investors.
Key takeaways:
Ether dropped 28% in a week to $2,110 as investors cut risk and markets wiped out leveraged traders.
Spot ETH ETF outflows reached $447 million as Ethereum network activity fell by 47%.
3d ago•
bullish:
0
bearish:
0
Share
Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
bullish:
0
bearish:
0
bullish:
0
bearish:
0
bullish:
0
bearish:
0
bullish:
0
bearish:
0