Binance Bitcoin Perpetual Funding Rate Drops 370 Basis Points Below Market Median, Hits 2021 Low

BTC-2.39%
According to CryptoQuant analyst Crazzyblockk, Binance Bitcoin perpetual futures funding rates are currently 370 basis points below the median of three major exchanges, trading near a 2.8% low not seen since 2021. The data indicates strong short-side pricing dominance in Binance's market.
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