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Wu Blockchain (@WuBlockchain): According to Velo Data, as BTC surges past $60,000, the current annualized funding rates for BTC contracts on Binance and OKX are both over 85%, the h…

Estimated coin impact

Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.

According to Velo Data, as BTC surges past $60,000, the current annualized funding rates for BTC contracts on Binance and OKX are both over 85%, the highest since early April 2021, subsidizing from long to short. In addition, the annualized funding rate of Binance’s ETH contract…

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