Markets
Shorts now pay longs on 77% of ether's open futures bets. On Friday it was 21.5%
After Sunday's 4.6% drop, funding turned negative on Binance's biggest ether market. Bitcoin barely moved: 1.4% of its bets lean short.
Markets
Shorts are paying longs on 21.5% of ether's open futures bets, against 1.4% for bitcoin
CoinGecko's data on 287 bitcoin and ether perp markets shows short sellers paying to hold their bets on 21.5% of ether's open interest, against 1.4% for bitcoin, a day after the sell-off.