$MIRA current price 0.054 USD, up 63% in the past 24 hours. The funding rate has been paid from longs to shorts for 5 consecutive periods. During the rise, the longs have been paying out. However, the open interest actually decreased by 4.2% over the past 24 hours. While the price is going up, the position size is not keeping up—this is exactly where the structure is loosening.
On the other hand, the share of active buy orders is 0.88. The open interest over the past hour has also seen a slight rebound of 0.1%, suggesting that short-term capital has not completely pulled out yet. At this point, no firm conclusion can be drawn.
On the other hand, the share of active buy orders is 0.88. The open interest over the past hour has also seen a slight rebound of 0.1%, suggesting that short-term capital has not completely pulled out yet. At this point, no firm conclusion can be drawn.
