$COAI No more playing, a summary in one sentence: baiting the market, using funding rates to kill, I ran away to protect my capital, you guys play

Data is not transparent
Coinglass's long-short ratio, it's almost impossible to see the short positions,

But the funding rate has reached a terrifying -0.6%, in just one day, high-leverage contracts can be wiped out by funding rates

Question: With so many people going long, how is the funding rate still negative?