Crypto Derivatives Hit 3-Year Lows in Funding Rates: A Bullish Signal Amidst Market Reset

Crypto derivatives funding rates have plunged to their lowest levels since the 2022 bear market, signaling a significant deleveraging event. This dramatic drop, reported by Glassnode, suggests that speculative excess has been aggressively flushed out of the system, potentially setting the stage for a market recovery.