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Add as a preferred source on GoogleAltcoin Funding Cools as Open Interest Stays Near October Peak
Fewer than 5% of altcoins had above-neutral funding on Oct. 20, down from nearly 25% in late September. Open interest was about 5% below its October peak on a fixed-price basis.
By Oct. 20, fewer than 5% of altcoins had above-neutral funding, down from nearly 25% in late September, while open interest sat about 5% below its October peak on a fixed-price basis.
The funding share was close to the low end of its two-year range. Most leveraged positions remained open.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.