Most people are screaming "I got liquidated!" trading $FUN — so what’s really happening beneath the surface?
Here’s what you need to know if you’re eyeing $FUN next:
Price action is heating up again, but the data says this rally might not be all celebration. Let’s start with the funding rate—currently locked at -2.00%, which is the maximum cap on Binance. This means shorts are paying longs aggressively every 2 hours. Why? Because the market is overleveraged with short positions, and the funding is trying to push balance.
But there’s a twist.