ETH insane funding rate!

  1. People and institutionals hedged their ETH in case something goes wrong at the merge or in the following minutes.

  2. Why would the price of any asset double when the fed is aggressively raising interest rates? If risky assets doubled anytime soon, the entire economy would be screwed.

  3. I don’t understand the graph here, can anyone help explain it but? What bps of the funding rate showing in this chart?

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Author: admin