Binance Bitcoin Funding Turns Deeply Negative for First Time Since Sep 2024
By: coindoo|2025/05/03 17:15:01
0
Share
The data was shared by leading on-chain analytics platform CryptoQuant, highlighting this rare event as traders reassess market positioning.What Are Funding Rates, and Why Do They Matter?Funding rates are recurring payments between traders in perpetual futures markets. A positive rate suggests that long traders (those betting on rising prices) are dominant and are paying shorts to maintain their positions. A negative funding rate, on the other hand, means shorts are in control and are paying longs — a sign that sentiment has turned sharply bearish.CryptoQuant’s latest metrics show that this drop into negative territory reflects an increase in aggressive shorting by retail traders, rather than underlying weakness in Bitcoin’s fundamentals.What Could This Signal?1. Short Squeeze SetupExtreme negative funding rates like -0.008% can create fertile ground for a short squeeze. If Bitcoin rebounds even slightly, it could force heavily shorted traders to cover their positions, causing prices to surge rapidly.2. Potential Market BottomAs noted by CryptoQuant, similar setups in the past — including in September 2024 — marked local bottoms. When pessimism reaches such extremes, it often precedes trend reversals, especially when paired with on-chain evidence of institutional buying. .dark-mode .read-more {background-color: #343a40 !important;} READ MORE: Bitcoin Price Poised for a Breakout, According to Important Indicator Whales Tell a Different StoryAdding weight to the reversal narrative, CryptoQuant’s Whale Screener showed that over $300 million worth of BTC was withdrawn from exchanges on May 1 and May 2. These large outflows suggest accumulation by whales, in stark contrast to the retail-driven panic in derivatives markets.The divergence between retail shorting and whale accumulation paints a complex picture — but if history is any guide, current conditions may be setting up for another bullish move.The post Binance Bitcoin Funding Turns Deeply Negative for First Time Since Sep 2024 appeared first on Coindoo.
You may also like

From Mining Enterprise to Infrastructure Builder, Bitdeer Unpacks the Survival Logic behind BTC
Profit margins nearing the red line, miners are starting to use Bitcoin as fuel.

How Can Agentic Commerce Empower AI to Start Making Money?
The first wave of moneymaking AIs has arrived, which projects are worth paying attention to

February Correction: Is the Crypto Market Bottoming Out?
Based on historical experience, the most intense phase of this downturn may be about to end.

AI Payments Through the Lens of Fintech Giants: Five Levels, Stablecoin Infrastructure, Next-Gen Globalized Commerce
Stripe took fifteen years to turn seven lines of code into a business empire that powers 1.6% of the global GDP. Its next move is to define the next generation of global business rules.

Zuckerberg Retweets Stablecoin, Can Meta Win This "Comeback Game"?
Compared to the Libra era of 2019 when it attempted to disrupt the global financial system, the 2026 Meta is demonstrating a more stable and compliance-oriented approach.

Polymarket New Rule Release: How to Build a New Trading Bot
In 2026, a truly winning trading Bot is not the fastest taker, but the most excellent liquidity provider

Bitwise: The Institutional Wave is Here, So Why is the Market Still Sleeping?
There is a significant gap between the perceived cryptocurrency market and the actual cryptocurrency market.

WEEX LALIGA Partnership 2026: Where Football Excellence Meets Crypto Innovation
WEEX becomes official crypto exchange partner of LALIGA in Hong Kong and Taiwan. Discover how this partnership brings together football excellence and trading discipline.

AI Apocalypse, a massive short squeeze
AI is not the doomsday prophecy, but the dawn of a new era of abundance stemming from the collapse of cognitive cost.

The "Second Truth" of the Luna Crash: Jane Street Exits Ahead of Plunge
In the cryptocurrency industry that touts "decentralization," true asymmetry may have never disappeared.

Jane Street Market Manipulation, Stripe Considering Acquiring PayPal, What's the Overseas Crypto Community Talking About Today?
What Was Trending for Expats in the Last 24 Hours?
WEEX × LALIGA 2026: Trade Crypto, Take Your Shot & Win Official LALIGA Prizes
Unlock shoot attempts through futures trading, spot trading, or referrals. Turn match predictions into structured rewards with BTC, USDT, position airdrops, and LALIGA merchandise on WEEX.

a16z: Why Do AI Agents Need a Stablecoin for B2B Payments?
Smart contracts will be more like corporate entities, forming long-term relationships with their vendors and partners.

February 24th Market Key Intelligence, How Much Did You Miss?
1. On-chain Funds: $172.4M inflow to Ethereum this week; $233.9M outflow from Arbitrum
2. Highest Price Variation: $ESP, $MYX
3. Top News: AC's "Never Rekt" new project Flying Tulip has experienced a rug pull, currently priced at $0.0989

Web4.0, perhaps the most needed narrative for cryptocurrency
What is Justin Sun's All-in Web4.0 Vision?

Some Key News You Might Have Missed Over the Chinese New Year Holiday
On the day of commencement, should we go long or short?

Key Market Information Discrepancy on February 24th - A Must-Read! | Alpha Morning Report
1. Top News: Tariff Uncertainty Returns as Bitcoin Options Market Bets on Downside Risk
2. Token Unlock: $SOSO, $NIL, $MON

$1,500,000 Salary Job: How to Achieve with $500 AI?
The Essence of Agentification: Use algorithms to replicate your judgment framework, replacing labor costs with API costs.
From Mining Enterprise to Infrastructure Builder, Bitdeer Unpacks the Survival Logic behind BTC
Profit margins nearing the red line, miners are starting to use Bitcoin as fuel.
How Can Agentic Commerce Empower AI to Start Making Money?
The first wave of moneymaking AIs has arrived, which projects are worth paying attention to
February Correction: Is the Crypto Market Bottoming Out?
Based on historical experience, the most intense phase of this downturn may be about to end.
AI Payments Through the Lens of Fintech Giants: Five Levels, Stablecoin Infrastructure, Next-Gen Globalized Commerce
Stripe took fifteen years to turn seven lines of code into a business empire that powers 1.6% of the global GDP. Its next move is to define the next generation of global business rules.
Zuckerberg Retweets Stablecoin, Can Meta Win This "Comeback Game"?
Compared to the Libra era of 2019 when it attempted to disrupt the global financial system, the 2026 Meta is demonstrating a more stable and compliance-oriented approach.
Polymarket New Rule Release: How to Build a New Trading Bot
In 2026, a truly winning trading Bot is not the fastest taker, but the most excellent liquidity provider