Recent data from Glassnode reveals a significant shift in the cryptocurrency market, as funding rates have plummeted to record lows. This aggressive leverage reset marks one of the most dramatic reductions in crypto history and suggests a healthy foundation for future growth. The chart showcases the dramatic decline in funding rates alongside Bitcoin’s price movements since late 2022. The drop in funding rates reflects a massive purging of speculative excess, paving the way for more sustainable market rallies based on underlying fundamentals. This decrease in leverage positions across the crypto sector has also been reflected in major cryptocurrencies, leading to a more stable market with potential long-term growth opportunities.