ETH perps seeing massively negative funding rates

Ethereum perps are seeing a massive plunge in funding rates as traders actively seek to hedge ahead of the merge, a buy-the-news story in the making? Meanwhile, CME BTC futures recover into contagion, while OI remains at all-time highs.

Ethereum

Ethereum perps are seeing a massive plunge in funding rates as traders actively seek to hedge ahead of the merge, a buy-the-news story in the making?

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