criptix
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June 26, 2019, 09:34:11 PM

Well funding rates are through the roof.  Normally 0.01%. But who cares.



Last month we had days with around 0,2+% / 8 hours - mex MM is just super bullish lol




Isn't that indicator total bs? I mean, it's futures right?  Not money being borrowed, but contracts that always have an equal amount of counterparties, if I am not mistaken.


Correct, this indicator is wrong.

The s/l ratio on bitmex is always 1:1.
The perpetual is p2p based thus 1 long contract always has a taker with 1 short contract.




Guys lets come to some conspiracy theories of mine.

Right now i have the strong feeling that this run is based on some iluminati whales front running each other, because i do not believe in the slightest that this is induced by retail fomo.

Evidence:

1. Google Trends is just around 20% of 2017:



2. No permanent news in TV, newspaper etc about buying Bitcoin

3. 400% pump without a single big correction (maybe the 8200 to 6600, but imo it was more of a flashcrash)

4. not one of my nocoiner friends are asking me


So is this finally the one pump to end all dumps because institutional money is flowing into the ecosystem?