PEPE JUST RIPPED +16% WHILE SHORTS GOT VAPORIZED
Biggest single liq of the day was a $9.4M ETH short on Binance.
24h liquidations heavily skewed to shorts across the board.
Funding still mild and positive longs paying, but not overheated.
Frog leading the charge or just the first to wake up?
$PEPE
$ETH
$SOL
Tip: What does a mild positive funding rate actually tell you about how crowded the long side still is before you chase the next meme move?
Biggest single liq of the day was a $9.4M ETH short on Binance.
24h liquidations heavily skewed to shorts across the board.
Funding still mild and positive longs paying, but not overheated.
Frog leading the charge or just the first to wake up?
$PEPE
$ETH
$SOL
Tip: What does a mild positive funding rate actually tell you about how crowded the long side still is before you chase the next meme move?
