Viewpoint: Market Long Leverage Liquidation, End of Year May See "Santa Claus Rally"

BlockBeats News, December 10th, GSR OTC Trading Lead Spencer Hallarn stated: "I believe that most of the long positions in the market have already been liquidated, establishing a base of suspicion. The perpetual contract funding rate is very low, even negative, indicating that there is not much leverage in the market. Overall, this structure is actually quite favorable for the Santa rally. I think the market outlook for the end of this year is good."