Cryptocoins Exchanges / CEX.IO - 5 months ago
Bitcoin Impact Index (Week 17): Bears Are Paying a Record Premium to Bet Against the Market
Signal of the week: Bears have been paying an average of 11% interest in April to hold their bets against Bitcoin, briefly hitting 19%, the highest rate since January 2023. That came to an unprecedented over $4 million in daily premiums. Despite tha...