Event Dime
Ethereum funding rate nears zero as traders cut leverage
- When:
- June 6, 2026 · 10:06 AM
- Where:
- Checkout The Latest Crypto Updates With Us!
- Source:
- Checkout The Latest Crypto Updates With Us!
On June 4, Ether’s 8-hour network-wide average funding rate was only 0.0028%, according to CoinGlass. This low rate suggests traders were not very sure about the market’s direction. Usually, higher leverage shows that traders have more confidence in how an asset will move. This average considers all major exchanges, but... The post Ethereum funding rate nears zero as traders cut leverage appeared first on TheCryptoUpdates.