Glassnode: The funding rate in the crypto market has fallen to its lowest level since the Bear Market of 2022.

On October 13, Glassnode posted on social media that "the funding rate of the entire crypto assets market has fallen to its lowest level since the Bear Market of 2022. This marks that the crypto market has undergone one of the most severe leverage resets in history, indicating that speculative excesses have been systematically cleared out."

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