Crypto traders usually view negative funding rates as a buy signal, but this week’s volatility US earnings outcome may cloud the value of the signal for ETH investorsCrypto traders usually view negative funding rates as a buy signal, but this week’s volatility US earnings outcome may cloud the value of the signal for ETH investors

ETH funding rate turns negative, but US macro conditions mute the buy signal

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Crypto traders usually view negative funding rates as a buy signal, but this week’s volatility US earnings outcome may cloud the value of the signal for ETH investors.

Key takeaways:

ETH funding rate turns negative, but US macro conditions mute the buy signal

Ether dropped 28% in a week to $2,110 as investors cut risk and markets wiped out leveraged traders.

Spot ETH ETF outflows reached $447 million as Ethereum network activity fell by 47%.

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