Bitcoin Futures Funding Rates Remain Neutral Amid Price Surge

According to Foresight News, Glassnode has reported that despite a significant increase in Bitcoin's price, the funding rates for perpetual futures have remained at a neutral level of approximately 0.007%, which translates to an annualized rate of 7.6%. This indicates that long positions are still relatively moderate. The derivatives market appears to be catching up with the spot market, and the limited leverage suggests that this trend is healthy and sustainable.