Analysis: Bitcoin's 46-Day Funding Drain Set the Stage for This Week's Wipeout

Analysis: Bitcoin's 46-day funding drain set the stage for this week's wipeout

Bitcoin funding rates stayed negative for 46 days, the longest since 2023, forcing shorts to pay longs daily. Bitcoin shorts didn’t just lose money when the squeeze hit; they had been losing money long before it arrived.  For 46 consecutive…

Bitcoin Funding Stays Negative for 47 Days as Market Pressure Builds

Bitcoin logs 47-day negative funding streak, longest since FTX collapse. Rising open interest shows traders are adding positions, even as funding costs remain elevated.  Large traders build long positions while short sellers hold profits, signaling a market standoff. The Bitcoin derivatives market is flashing a rare signal. For 47 consecutive days through April 26, perpetual futures funding rates have stayed negative. Remarkably, this is the lon…