BlockBeats News, December 6th, according to Coinglass data, Binance's Bitcoin U Futures Contract Funding Rate set a new high for this bull market yesterday, peaking at 0.0724% (4:00 PM), then returning to normal levels during this morning's rapid decline, and is now at 0.0161%.
Over the past 12 hours, a total of $720 million has been liquidated across the entire network, with long liquidations totaling $615 million and short liquidations $104 million, with Bitcoin futures alone seeing $447 million in liquidations.
