myx August's first breakthrough approaching 30 times the token, forced short squeeze rising several times, short selling rate as high as -2%, generally speaking, when the spot price is higher than the contract price, there will be a negative rate, a negative funding rate indicates that there are still many shorts, the more it rises, the more shorts there are. The chips are already in the hands of the big players, the bulls are collecting large funding fees, exhausting the shorts, and it won't come down until the short sellers are wiped out.

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