**$BNB Funding Rate Update 📉**

The $BNB funding rate chart reveals a dramatic shift over the past 24 hours, from May 23, 2025, at 11:15 AM PKT to today, May 24, 2025, at 11:09 AM PKT! Starting at a positive 1.675 📈, it plunged sharply to a steep -34.637 📉, with key dips hitting -10.429 and -22.533 along the way. This deep negative funding rate points to a strong bearish sentiment among traders, with more short positions dominating, possibly reflecting profit-taking or a cautious outlook for BNB. The sharp drop occurred around 15:00 yesterday, followed by a volatile ride with a slight recovery toward 11:00 today—could this be a sign of a potential reversal or continued pressure? ⚠️💡

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