Analyst: Binance’s Bitcoin funding rate is significantly bearish, highlighting a divergence between retail investors buying the dip and whales selling.
CryptoQuant analyst Crazzyblockk stated that the data shows Binance’s Bitcoin perpetual contract funding rate is approximately 370 basis points lower than the median across three exchanges, placing it in the bottom ~2.8% since 2021—indicating significantly stronger bearish pricing on Binance.