ETH Funding rate is back to positive again. Those indeed were | Crypto Trade Buddy

ETH Funding rate is back to positive again. Those indeed were all hedges driving funding to negative. As soon as the merge was completed they closed their hedges and we saw a little spike after that ETH just went down with BTC.

Now ETH is at a small support where it might have a little bounce but overall it doesn't look much good loosing it bullish structure and the merge narrative is also done.