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Current mainstream CEX and DEX funding rate displays a slight weakening of the market's bearish sentiment

2 hours ago

**April 6 — CoinGlass data shows Bitcoin surged past $69,000 today, with funding rates on mainstream CEXs and DEXs indicating a slight weakening of bearish sentiment in the market. Specific rates are shown in the attached chart.** **BlockBeats Note:** Funding rates are fees set by cryptocurrency exchanges to keep contract prices aligned with underlying asset prices—typically for perpetual contracts. They act as a fund-exchange mechanism between long and short traders; exchanges do not charge this fee themselves. The goal is to adjust traders’ holding costs or profits to keep contract prices close to the underlying asset’s price. A 0.01% funding rate is the baseline. Rates above 0.01% generally signal a bullish market, while rates below 0.005% generally signal a bearish market.
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Binance will undergo Ethereum network wallet maintenance today at 2:00 PM.

**Binance to Pause ETH Network Deposits/Withdrawals for Wallet Maintenance (April 7, 2026)** April 6 — Binance will conduct wallet maintenance on the Ethereum (ETH) network on **April 7, 2026 at 14:00 Beijing Time**. To support the work, ETH network deposits and withdrawals will be suspended starting **05:55 UTC on April 7, 2026** and resume once maintenance wraps up. The task is expected to take roughly one hour. Key details: - Transactions for ETH network tokens will remain unaffected. - Binance will address all user-related technical needs. - Deposits/withdrawals will reopen without further notice once the network is confirmed stable post-upgrade.

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A whale withdrew 5.97 million ASTER from Binance, worth $3.99 million

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A whale sold 242 ETH, then opened a short position of 3286.46 ETH with 20x leverage

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Santiment: Bitcoin Flashes Short-Term Top Signal at Weekend Close

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ETHGlobal Announces Cannes Finalist Projects

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