Cryptocurrency investors’ risk appetite has begun to increase and they are now taking riskier positions.
According to information provided by Blockchain analysis firm Glassnode, the spread between the funding rates in Bitcoin and Ethereum perpetual futures contracts is -9% level fell.
This suggests that investors are more willing to take long positions in Ethereum perpetual futures contracts compared to Bitcoin.
Glassnode, “The spread between BTC and ETH funding rates is widening. “Before October 2023, a partially neutral regime was observed and the spread fluctuated between positive and negative zones.” said.
According to analysts, Ethereum funding rates have been high compared to Bitcoin since October 2023, investors making riskier transactions It shows that it has started.