Negative funding rates, rising open interest and liquidations point to crowded positioning and heightened derivatives activity.

Negative funding rates, rising open interest and liquidations point to crowded positioning and heightened derivatives activity.

Negative funding rates, rising open interest and liquidations point to crowded positioning and heightened derivatives activity.

Negative funding rates, rising open interest and liquidations point to crowded positioning and heightened derivatives activity.

Negative funding rates, rising open interest and liquidations point to crowded positioning and heightened derivatives activity.

Negative funding rates, rising open interest and liquidations point to crowded positioning and heightened derivatives activity.

Negative funding rates, rising open interest and liquidations point to crowded positioning and heightened derivatives activity.

Negative funding rates, rising open interest and liquidations point to crowded positioning and heightened derivatives activity.

Negative funding rates, rising open interest and liquidations point to crowded positioning and heightened derivatives activity.

Negative funding rates, rising open interest and liquidations point to crowded positioning and heightened derivatives activity.

Negative funding rates, rising open interest and liquidations point to crowded positioning and heightened derivatives activity.

Negative funding rates, rising open interest and liquidations point to crowded positioning and heightened derivatives activity.