OM Funding Rate Drops 0.30%: Traders Weigh In on Price Volatility

OM’s OI-weighted funding rate has seen a significant drop of 0.30%, with large seller activity playing a key role in this change. Market analysts are closely watching the impact on price movement, with potential volatility anticipated by traders who track this indicator. The chart suggests a strong selling pressure from major holders, leading to increased bearish sentiment. While technical issues on the blockchain remain stable and unaffected, traders are bracing for further price fluctuations as the funding rate continues to shift.