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XRP, ETH Traders Getting Greedy? Funding Rates Highest Among Top Coins

  • XRP and Ethereum are leading in Funding Rates among major cryptocurrencies, indicating a rising demand for long positions.
  • Funding Rate is a measure of fees investors pay each other on the perpetual futures market, where a positive value suggests bullish bias.
  • XRP and Ethereum stand out with high Funding Rates of 0.093% and 0.083%, respectively, indicating a positive sentiment.
  • Despite a decline in Daily Active Addresses, both XRP and Ethereum have seen an increase in On-Chain Volume, showing heightened activity amid mixed conditions.

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