Ethereum Funding Rates Turn Deep Red, What Does It Mean?

Data shows the Ethereum funding rates have been quite negative in recent days. Here’s what this could mean for the cryptocurrency’s price.
Ethereum Funding Rates Have Been Under The Zero Mark Recently
As explained by an analyst in a CryptoQuant post, a short squeeze may be a possibility for the asset currently. The “funding rate” is an indicator that keeps track of the periodic fees that traders on the futures market are exchanging with each other.
When the value of this