The bitcoin perpetual futures “funding rate” has shot up, suggesting the market may be overleveraged to the bullish side.
Source: https://www.coindesk.com/bitcoin-faces-volatility-rise-as-futures-market-shows-signs-of-overheating
Source: https://www.coindesk.com/bitcoin-faces-volatility-rise-as-futures-market-shows-signs-of-overheating
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