PANews reported on November 4th that Glassnode published an article on the X platform stating, "In Bitcoin perpetual contracts, the monthly funding fees paid by long positions have decreased by approximately 62%, from $338 million per month in mid-August to the current $127 million per month. This highlights a clear downward trend in speculative demand, as traders are increasingly unwilling to pay interest to maintain long positions."PANews reported on November 4th that Glassnode published an article on the X platform stating, "In Bitcoin perpetual contracts, the monthly funding fees paid by long positions have decreased by approximately 62%, from $338 million per month in mid-August to the current $127 million per month. This highlights a clear downward trend in speculative demand, as traders are increasingly unwilling to pay interest to maintain long positions."