$MUBARAK just printed a +78% day, low to high 0.0334 to 0.0617. đ„
Open interest is up 158% in the past day and top traders are 3.29 to 1 long, paying close to 74% annualized funding to stay there. That's a lot of fresh leverage stacked on one candle. I'd rather watch what happens after the spike than chase the first green one.
Open interest is up 158% in the past day and top traders are 3.29 to 1 long, paying close to 74% annualized funding to stay there. That's a lot of fresh leverage stacked on one candle. I'd rather watch what happens after the spike than chase the first green one.