For 67 straight days, traders shorting Bitcoin through perpetual futures were charged a fee every eight hours. That came to 201 separate payments. K33 Research data, cited by CoinDesk on May 8, confirmed the run had broken the previous record of 62 days set during the COVID crash of 2020. Crypto media framed it as a sentiment story. What largely went unexamined was more fundamental: some traders paid hundreds of dollars in fees across that stretch, while others running the same trade paid nothing at all. A record that outlasted the Covid crash benchmark The 67-day run eclipsed a mark that had stood for five years.
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