Stabilizing Ethereum Funding Rates Suggests Recovery Might Be In The Works

Ethereum funding rates had taken a beating after the Merge was completed. This event was the single most anticipated upgrade in the history of the network, and it had affected both price and funding rates in adverse ways. However, as the market begins to settle into the new normal of Ethereum being a proof of stake network, things are beginning to stabilize. One of those is funding rates returning to pre-Merge levels.
Funding Rates Stabilizing
The days leading up to the Ethereum Merge had been e