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Shorts paid $68.5M to longs in the last 7 days.
Longs only paid $21.7M.
Short-heavy everywhere:
→ BARD: -$8.75M
→ ONT: -$5.47M
→ RIVER: -$4.98M
→ SOL: -$3.83M
→ SIREN: -$3.74M
→ KITE: -$2.74M
→ ETH: -$1.65M
BTC bucks the trend. Longs paid +$1.87M.
Shorts are funding the party.
Quick context:
This is the funding rate settlement over the last 7 days. It shows who's paying to keep their positions open. When one side is crowded, they pay the other to maintain balance.