Additionally, funding rates for UNI have doubled over the last day from approximately 5% to 10%, with a positive funding rate meaning traders who are long have to pay short traders to keep their position open. Other things being equal, higher funding rates mean traders are anticipating further price advances.
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Stephen Alpher, James Van Straten
https://www.coindesk.com/markets/2024/11/06/uniswaps-uni-token-soars-28-as-altcoins-outperform-following-us-presidential-election/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-11-06 17:26:59
