Funding is a noise signal here, the real pressure is risk-off positioning from funds that were already trimming ahead of the vote because regulatory uncertainty is a balance sheet problem, not a derivatives one.
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Funding still negative on btc or did it flip when this dropped?
Funding is a noise signal here, the real pressure is risk-off positioning from funds that were already trimming ahead of the vote because regulatory uncertainty is a balance sheet problem, not a derivatives one.