2025-12-10 10:33:45

A recent report from a compliant platform reveals that the sharp decline in November may be clearing obstacles for the December market.

Several key signals are worth noting — the open interest for BTC, ETH, and SOL perpetual contracts shrank by 16% in a single month, and the US spot ETFs saw net outflows of $3.5 billion in BTC and $1.4 billion in ETH. The most intense was the BTC perpetual funding rate, which once plunged below two standard deviations of the 90-day moving average before bottoming out and rebounding.

This round of shakeout has squeezed the speculative bubble significantly. Although the market has not fully regained its vitality yet, at least leverage pressure has been relieved quite a bit. Cautiously optimistic about December.

BTC-1.63%

ETH-0.48%

SOL-1.63%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

16 Likes

Reward
16
10
Repost
Share

Comment

0/400

MEVHunterLucky

· 12-13 06:48

Funding rate has been smashed so badly, contract brothers should wake up now --- ETF net outflows are so fierce, are institutions really pulling out? Feeling a bit anxious --- The washout has gone this far, there’s still a chance for a rebound in December, but don’t go all in --- Perpetual positions have shrunk by 16%, indicating that many people have given up and exited... it’s quite normal --- If this standard deviation continues, it’s really harsh this time, but the rapid rebound also shows there is support --- I really don’t understand this drop in November, now I realize it might just be a shakeout --- Releasing leverage pressure is a good thing, but can we trust this statement? There will still be manipulation later --- $3.5 billion BTC outflow... wait, is this spot or futures? The difference is quite significant --- I usually am skeptical about reports from compliant platforms, but the data does look somewhat interesting --- If you ask me, be cautious in December, signals are just signals, prudence is the hard truth

View OriginalReply0

LiquidityNinja

· 12-12 14:01

Leverage explosion is only considered a good signal after it happens, this logic is a bit behind the times haha --- It's the same old story, every time at the bottom they say obstacles are cleared, but what about now? --- The funding rate is hammered down so hard yet they still cautiously look bullish, wouldn't it be simpler to just look bearish? --- ETF net outflows are so fierce but they still dare to be cautiously optimistic, really bold --- Just a shakeout, no need to make it so fancy --- Honestly, I only pay attention to the rebound of this funding rate, everything else is just armchair quarterbacking --- December's market depends entirely on the Fed's stance, what use are these research reports and data? --- Perpetual contracts have shrunk by 16%, isn't this just retail investors getting wiped out? --- Cautiously bullish is the same as not being bullish at all, why not just admit you don't know? --- Now, as long as the data looks good, it's called "obstacle clearing," I'm tired of hearing this rhetoric

View OriginalReply0

RugDocDetective

· 12-11 22:49

Funding rate has dropped below two standard deviations? This wave is indeed a bit fierce; margin liquidations are probably almost done.

View OriginalReply0

PumpDoctrine

· 12-11 06:25

Leverage liquidation is happening again. Who's next to get washed out this time, haha Funding rate hits two standard deviations? Oh well, here comes another round of retail investor harvesting ETF net outflows are so intense. Are institutions shorting or just fleeing? They talk about clearing obstacles, but I think it's just the last panic before a bottom Sounds good, but I'll wait and see. The manipulator in December has too many hidden tricks

View OriginalReply0

MEVSandwichMaker

· 12-10 11:03

Leverage exploded a wave, still cautiously optimistic. This person's courage is really impressive.

View OriginalReply0

DogeBachelor

· 12-10 11:02

Leverage explosion is so intense, this time they’re really going to wipe out the retail investors. --- Wait, the funding rate has dropped to -2 basis points? That must be hurting a lot of people. --- With such a large net outflow, are institutions really scared or are they just laying in wait? --- After the shakeout, a rebound should come. Looking forward to December, no problem. --- I've heard this kind of statement about compliant platforms many times, but the key is still how the order book moves. --- Perpetual contracts liquidation starting from 5 billion. This is always the same routine. --- Really? So my November principal is just wasted? --- A wave of leverage clearing out, retail investors will have to start from zero again, huh.

View OriginalReply0

StablecoinAnxiety

· 12-10 11:01

Leveraged liquidations have all blown up; this is the real clearing out. The price will rise better afterward.

View OriginalReply0

MemeCurator

· 12-10 11:00

Leverage pressure relief sounds good, but I still think it's too early to draw conclusions.

View OriginalReply0

ForkMaster

· 12-10 10:50

Really, this time the rate dropped to two standard deviations, indicating that the bulls are truly stunned and hammered. Everyone who has seen this situation understands what it means. The daily life of raising three kids is just watching these signals to cut losses, haha just kidding. --- It's the same old story, shaking out the foam, cautious optimism in December... just listen and don't take it seriously. --- Funding rates don't lie, but the platform's "research reports" seem to always want to imply something, haha. --- $3.5 billion net outflow. This article on compliant platforms really hits the point. But whether there will be a rebound in December depends on how the institutions play it. --- Leveraged pressure release is a good sign, but I'm more interested in when institutions start building positions—that's the real secret to wealth.

View OriginalReply0

LiquidatedDreams

· 12-10 10:47

Leverage blew up, and you're still cautiously bullish? I just want to see who gets knocked out in December.

View OriginalReply0

Trending TopicsView More
#GateNovTransparencyReportReleased
23.58K Popularity
#FedRateCutComing
691.8K Popularity
#PostonSquaretoEarn$50
69.05K Popularity
#BitcoinActivityPicksUp
19.68K Popularity
#CryptoMarketRebound
511.6K Popularity

Hot Gate FunView More

1
WoLFWolf Coin
MC:$3.62KHolders:2
0.09%
2
14332231433223
MC:$3.63KHolders:2
0.12%
3
SoSoSoSo
MC:$3.58KHolders:1
0.00%
4
GugeAICNGugeAI.cn
MC:$3.59KHolders:1
0.00%
5
EOSEOS
MC:$3.6KHolders:1
0.08%

Sitemap