Wu Blockchain (@WuBlockchain): QCP: The speed of the move was due to large liquidations on retail-heavy exchanges like Binance which saw perp funding rates go from as high as 77% to…
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QCP: The speed of the move was due to large liquidations on retail-heavy exchanges like Binance which saw perp funding rates go from as high as 77% to flat. The move brings spot prices right back into the middle the 60-72k range. https://t.me/QCPbroadcast/1182