ETH’s funding rate turns negative as the price drops below $3,600. The good news is, traders are buying the dip!
Key points: Retail investors bore the brunt of ETH’s long liquidations, but they also stepped in to buy the dip to $3,600. ETH price rebounded to its average trading range while Bitcoin continues to face heavy selling below $116,000.Read more
Source: cointelegraph.com (Read Full Article)