BlockFlow(@BlockFlow_News):bitcoin:native is up over 20% in a week, but funding has already cooled off. If the recent surge were driven mainly by fresh leveraged longs, funding would likely stay elevated instead of cooling down so quickly. This is also supported by Coinbase Premium data. The index has been deeply negative since the 10/10 crypto crash last year - clearest illustration of just how much damage that crash did to the crypto market. And since May, it has stayed in red without turning positive even once. The index is now back near zero recently. If Coinbase Premium Index turns positive from here, it indicates that the US spot buyers are back. This would be bullish.

2026.08.24 03:10

bitcoin:native is up over 20% in a week, but funding has already cooled off. If the recent surge were driven mainly by fresh leveraged longs, funding would likely stay elevated instead of cooling down so quickly. This is also supported by Coinbase Premium data. The index has been deeply negative since the 10/10 crypto crash last year - clearest illustration of just how much damage that crash did to the crypto market. And since May, it has stayed in red without turning positive even once. The index is now back near zero recently. If Coinbase Premium Index turns positive from here, it indicates that the US spot buyers are back. This would be bullish.

Bitfinex@bitfinex

2026.08.22 21:05

$BTC is up over 20% in a week, and the funding rate has already cooled off. A leverage-built rally generally keeps funding high and pins it there. This one spiked once on the breakout, then fell back to baseline fast. That is a sign of real buying rather than crowded longs.