Ethereum (ETH) Funding Rate Hits 14-Month Low As Price Hits $1,430: Sign Of Short Squeeze Or Something Else?

The funding rate for Ethereum (CRYPTO: ETH) hit a 14-month low on Sunday as the asset’s price dropped to a four-week low of $1,430. What Happened: ETH funding rates signalled that traders were largely bearish on its price, noted Crypto Quant analyst “Maartunn” in a post.