Coinbase Institutional 🛡️ (@CoinbaseInsto): ETH weekly perpetual futures volumes have spiked.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- ETH+75Positive
ETH weekly perpetual futures volumes have spiked. $ETH funding and open interest remain elevated with funding rates on perps averaging 9% (annualized) over the last five days while volumes continued to pull forward after the spike last week. (Comparatively, $BTC funding rates… https://t.co/50UJR1NV1D