BCH positioning remains the clearest derivative outlier in the pack. At 237.35, funding is -0.000143 while open interest stands at 230778773.89503998, marking a pronounced negative funding extreme against its own baseline.
Positioning shows one name stands out: Bitcoin Cash. Bitcoin Cash funding is deeply negative at -15.7 percent annualized, open interest stands at 230.8 million and is down 2.79% over 24h, but price hasn't left the range at 237.2-238.1.…
Positioning shows one name stands out: Bitcoin Cash.
Bitcoin Cash funding is deeply negative at -15.7 percent annualized, open interest stands at 230.8 million and is down 2.79% over 24h, but price hasn't left the range at 237.2-238.1. That negative funding hints at mild bearishness, but with no follow-through in price, there's no clear signal. This is a crowded corner but not a conviction move.
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