$SUI funding rates turn negative, but the money hasn’t left?

Up 4.7%—so how did the funding rate turn negative?
Who’s buying on the way up, and who’s pushing back?
Keep your eyes on this line: 129.2M → 132.0M → 133.5M → 140.7M.
Climbing one level at a time: +8.9%.
This isn’t a low-volume slide. Real money is flowing in.
Trading volume: $227.4M. Market cap: $4.60B. Spot is right there.
The funding rate slipped from +0.0007% to -0.0000%.
In plain English: shorts are gaining the upper hand, but the cost of holding short positions is now rising.
Negative funding at these low levels could bring short covering—or an even harder leg down.
Which side are you on? How many swings can your leverage withstand?
Don’t guess the direction. Calculate the cost first.

Negative funding doesn’t mean the price has to rise. It only means shorts are starting to pay—and the side paying can still win.

#SUI #币安 #Bitcoin