Cronos Price Soars: Negative Funding Rates Signal Profit-Taking Wave

Cronos (CRO) has experienced a dramatic surge in price, rising over 150% in the past three days fueled by major news and increased liquidity. This rally triggered profit-taking, evidenced by a spike in negative funding rates and large outflows from exchanges. Despite this pullback, analysts believe CRO has potential to reach highs exceeding $1 as attention turns towards Cronos’s growing institutional support.