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Funding rates have become a targeted weapon: the more long positions are squeezed, the more expensive it gets, and short sellers are afraid of being forced to liquidate if they try to enter.

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SituLieqiMarketTrend
The funding rate for going long at 2% compounded daily results in 60%, which seems like they’re not allowing short positions. It feels like they’re using the funding rate to manipulate the market.
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