Gate News message, April 22 — According to Coinglass data, Bitcoin’s 8-hour average funding rate across the network currently stands at -0.01%, indicating a slight bearish sentiment among futures traders.
Among major exchanges, funding rates vary: one exchange at -0.0007%, another at -0.0033%, a third at -0.0051%, and Gate at -0.0168%. The negative rates across platforms suggest traders are paying shorts rather than longs, reflecting cautious market positioning.
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