🚨 $INIT RIPS 39% WHILE SHORTS BLEED HEAVY FUNDING ACROSS THE BOARD! 💥
Order books are telling a masterclass story of trapped liquidity as $INIT surges nearly 39 percent on heavy volume. ⚡ Futures open interest jumped 47 percent, yet perpetuals traded at a persistent discount to spot index prices.
Shorts are getting heavily squeezed, bleeding over one percent in funding during a single four hour window while spot buyers dictate absolute control. 📊 Even with temporary rollup infrastructure pauses on the network layer, market participants are aggressively bidding the underlying asset.
💬 Are aggressive shorts going to capitulate and fuel an even bigger leg up, or will the infrastructure friction catch up to spot momentum? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #INIT #CryptoMarkets #Derivatives #ShortSqueeze
🔥 💎
Order books are telling a masterclass story of trapped liquidity as $INIT surges nearly 39 percent on heavy volume. ⚡ Futures open interest jumped 47 percent, yet perpetuals traded at a persistent discount to spot index prices.
Shorts are getting heavily squeezed, bleeding over one percent in funding during a single four hour window while spot buyers dictate absolute control. 📊 Even with temporary rollup infrastructure pauses on the network layer, market participants are aggressively bidding the underlying asset.
💬 Are aggressive shorts going to capitulate and fuel an even bigger leg up, or will the infrastructure friction catch up to spot momentum? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #INIT #CryptoMarkets #Derivatives #ShortSqueeze
🔥 💎
