@ExitLiqCapital You’re comparing Silicon Valley Bank, where client deposits were backed by the US government, to a crypto exchange whose founder spent time in prison? lol
This guy is my greatest counter indicator during chop. Also, do you understand how that is bearish sir. Do you not understand that people hedge through futures which pushes funding rates negative. Not people taking directional shorts.
You wanna see increased positive funding on steep increases in price just fyi
Binance the biggest crypto exchange, got hacked through an employees personal computer for 6bn. Could you imagine that happened in Tradfi. This is not a serious industry