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RAVE liquidation volume is second only to BTC and ETH, with investors' short-selling sentiment running high.
Mars Finance reports that on April 15, according to Coinglass data, in the past 24 hours, RAVE trading liquidations reached $30.6 million, ranking second only to BTC and ETH, including $6.93 million in long liquidations and $23.67 million in short liquidations. Currently, RAVE’s average funding rate across major platforms is as high as -1.3695%, and as the price continues to rise, more and more investors are choosing to enter short positions.