Failed FTX Trade’s FTT, Serum Tokens Lead Altcoin Rally, Triggering Brief Squeeze

by Jeremy

A sign of merchants’ excessive bearish positioning earlier than Monday’s worth enhance was the funding charges for perpetual swaps of solana (SOL) sinking to 1,000% annualized fee. Then, SOL gained 20% and a few $15 million of brief bets have been liquidated, based on Coinglass.

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