Trading Volume Surges on trade.xyz for Micron and Intel, Funding Rate Indicates Buy-the-Dip Sentiment

BlockBeats News, July 2nd, Micron and Intel have been continuously adjusting since late June, and they experienced another round of decline last night and this morning. It is worth noting that on trade.xyz, Micron and Intel's trading volume has risen to the top 2 on the platform, with 24-hour trading volumes of $5.16 billion and $4.65 billion, respectively.

The funding rate shows that there may be some bottom-fishing positions entering the above targets, with Intel's annualized funding rate reaching as high as 314.4%, becoming the second most expensive funding rate after IQ Protocol (although IQ Protocol's position size and trading volume are significantly lower than Intel's).