🚨 Futures Alert
Quick check on the futures board, and a couple of these made me look twice:
INIT: open interest -16.4% in 1h to 35.1M, funding at -1.479%, 397K liquidated in 1h (mostly longs).
Price -3.1% on the day, top traders' long/short at 1.19.
ONE: funding at -0.382%.
Price +12.8% on the day, top traders' long/short at 1.13.
ZEC: 1.9M liquidated in 1h (mostly longs).
Price -14.8% on the day, top traders' long/short at 1.57.
Honestly, when OI piles up this fast I'd rather sit on my hands than max out leverage.
#Futures #CryptoTrading $INIT $ONE $ZEC
Quick check on the futures board, and a couple of these made me look twice:
INIT: open interest -16.4% in 1h to 35.1M, funding at -1.479%, 397K liquidated in 1h (mostly longs).
Price -3.1% on the day, top traders' long/short at 1.19.
ONE: funding at -0.382%.
Price +12.8% on the day, top traders' long/short at 1.13.
ZEC: 1.9M liquidated in 1h (mostly longs).
Price -14.8% on the day, top traders' long/short at 1.57.
Honestly, when OI piles up this fast I'd rather sit on my hands than max out leverage.
#Futures #CryptoTrading $INIT $ONE $ZEC