UNI Funding Rates Double to 10: Anticipation of Further Price Advances

The cost of borrowing UNI has increased by 100% in the past 24 hours, from 5% to 10%. This increase means that traders who are betting on the price going up (long) hav

e to pay those who are betting on the price going down (short) to maintain their position. This usually indicates that traders believe the price will continue to rise.

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