According to CoinMeta, the storage giants and U.S. stock indices rebounded today in tandem, but the funding rates for SKHX, SNKD, MU, the S&P 500, and XYZ100 have all turned negative. The 8-hour funding rates for SKHX, SNKD, and MU are -0.2544%, -0.0242%, and -0.0032% respectively, while those for the S&P 500 and XYZ100 are -0.0139% and -0.0075% respectively. The notional value of open positions for the storage giants decreased from $1.022 billion to $853 million, a reduction of 16.6%. The open position volume for SKHX fell by 39.3%, whereas the combined notional holdings of the S&P 500 and XYZ100 increased from $752 million to $781 million, representing a growth of 3.9%. SKHX continued its deleveraging process; 43 million-dollar-level long positions were reduced by approximately $175 million, and 34 addresses cleared their positions. Across the five underlying assets, million-dollar-level addresses netted a reduction of about $161 million in long positions and about $271 million in short positions over the past 24 hours.