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Ethereum funding rate at Binance hits one-year high, bullish leverage builds

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🚨 Binance's Ethereum funding rate hits a one-year high at 0.01% as bullish leverage soars.
⚡ Traders pay more to hold long $ETH positions above $2,400 amid growing optimism.
🔎 High funding alone may signal crowding and liquidation risk if spot demand is weak.
🕵️‍♂️ Binance, a global exchange, links funding cost to trader positioning in Ethereum derivatives.

Continue Reading:Ethereum funding rate at Binance hits one-year high, bullish leverage builds

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