Glassnode: Despite Bitcoin trading price exceeding $108000, funding rate performance is relatively sluggish

金色财经
金色财经|May 23, 2025 14:00
According to a report by Golden Finance, on chain analysis platform Glassnode stated in an article on X platform that although the trading price of Bitcoin exceeds $108000 and most holders are profitable, the funding rate is only 0.0079%, which is still low and below the neutral level. In addition, the top ten cryptocurrencies in terms of market capitalization generally have lower funding rates, with only XRP and DOGE having slightly higher funding rates than neutral levels, indicating unexpectedly low speculative willingness among investors in the market.
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