Ethereum (ETH) Funding Rate Flashes Red Flag After Price Retraces From $3,400

Ethereum (ETH) funding rate has hit the highest level since March following a price increase above $3,400 earlier today. However, while ETH’s price has since dropped, the bullish sentiment around the altcoins has remained elevated. This renewed optimism also indicates that traders believed that a new all-time high could be underway. But historically, this kind of hike in the funding rate... source: https://beincrypto.com/ethereum-funding-rate-flashes-red-flag/