"Demumu" App will launch its global brand name in the next version, aiming to top the App Store Tools chart
The team initially invested less than 1500 yuan, and downloads have increased by about 300 times; future price increase and a 500,000 USD funding round may be considered
🔥【Whale Activity】Bitmine's Ethereum holdings have surpassed 4.16 million ETH, with a total value of approximately $13 billion!
📈 Last week, they continued to increase their holdings by 24,000 ETH. More importantly, their staked amount has surged from 660,000 ETH to 1.25 million ETH, nearly doubling in a single week!
👀 Institutions continue to bet on ETH. Do you understand the signal? #ETH
Mainly serves males aged 18-35, you can check in after each session, if you fail to check in for 3 consecutive days, the system will send email reminders continuously 😋
$Aster failed to break through and stabilize near the resistance level of 0.8, so it took profit, and now it has fallen back into the oscillation range. There's no good opportunity right now, so it's recommended to wait for the next move before trading! 😂
According to Coinglass statistics, the average funding rate for the $BREV token on many exchanges is currently -2%. For such a strong manipulated coin, with such a high funding rate, it's not recommended to continue shorting it anymore—the funding rate is too harsh 😂
GM_Leo 李大奥
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An article to help you understand 'Funding Rate'
Recently, the average funding rate for $PIPPIN skyrocketed to -1.5%, causing many short sellers to incur significant losses just from the funding fees!
What exactly is the funding rate? Simply put, it is a mechanism used in perpetual contracts to balance the contract price with the spot price:
Contract price > Spot price → Funding rate is positive ✅ Long position pays short position Contract price < Spot price → Funding rate is negative ✅ Short position pays long position
Through periodic payments of the funding fee, it incentivizes the price to revert to the spot, avoiding long-term deviations.
🔢 The funding rate generally consists of two components: Interest rate component (e.g., USDC interest rate) Premium component (contract vs spot price difference) The formula is roughly: Funding rate = Premium Index + clamp(Interest Rate – Premium Index, -0.05%, 0.05%) There are slight differences among exchanges, but the logic is the same.
⏰ Payment frequency: Typically every 8 hours, but when the price deviates too much, it may be shortened to every 1–2 hours.
📊 Example: $BNB perpetual contract funding rate 0.01%, you hold a long position valued at $10,000: Every 8 hours pay: 10,000 × 0.01% = 1 USDT to the short position. If the rate is -0.01%, then the short position pays 1 USDT to the long position.
⚠️ Encountering a rate like -1.5% for $PIPPIN means that short positions have to pay a significant proportion of their position value to long positions every few hours — short selling requires not only directional accuracy but also managing funding rate pressure!
Therefore, when trading, it's also important to keep an eye on the funding rate to avoid incurring losses from it.
BNB Chain L2 Layer #opBNB has completed the Fourier mainnet hard fork, and opBNB speed has significantly improved! Halving the block time means faster transactions and a smoother user experience, which is undoubtedly good news for events #DeFi and #dApp
White House Monitoring X Platform for 'Tweet Boosting'? Polymarket Reveals Insider Trading with 13 Times Profit!
24 Hours Before Maduro's Arrest, Mysterious Account Bets $32,000, Rakes in Over $400,000. On-Chain Tracking: Fund Path Highly Overlaps with Address Linked to Trump Family Project Co-Founder.
$aster was unable to successfully break and hold the last high point of 0.8, and cannot rise temporarily. It is recommended to take profits for now.
GM_Leo 李大奥
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Bullish
$aster has broken through the consolidation range and stabilized, there should be a wave of increase coming 🚀. If you bought around 0.66 before, just hold on. If you want to be conservative, you can set a stop loss at 0.72 🤔