XRP, ETH Traders Getting Greedy? Funding Rates Highest Among Top Coins
2025-07-01 10:06:06
Main Idea
The article discusses the rising demand for long positions in XRP and Ethereum, as indicated by their high funding rates, and provides updates on cryptocurrency-related news and services.
Key Points
1. XRP and Ethereum funding rates have turned sharply positive, with XRP at 0.093% and Ethereum at 0.083%, indicating growing demand for long positions.
2. Supply in Profit is at 79.5% for XRP and 64.7% for ETH, with On-Chain Volume up by 74.5% for ETH and 637.3% for XRP.
3. Despite mixed on-chain signals, futures market users are placing bullish bets on XRP and Ethereum.
4. XRP is trading around $2.21, up almost 9% in the last period.
5. The article also mentions various cryptocurrency-related services and news, including Bitcoin Cash ABC vs. Bitcoin Cash SV, how to buy cryptocurrency, and Ripple's developments.
Description
Data shows XRP and Ethereum top the Funding Rate charts among the major cryptocurrencies, a sign of growing demand for long positions. XRP & Ethereum Funding Rates Have Turned Sharply Positive In a new post on X, the on-chain analytics firm Glassnode has discussed about how the top cryptocurrencies by market cap currently compare in terms of the Funding Rate . The Funding Rate refers to an indicator that keeps track of the amount of periodic fees that the investors on the perpetual futures marke...
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