BNB open interest is holding at a high of $416 million. The price has pulled back to $740, close to the intraday high, while Binance’s funding rate remains firmly stuck at +0.0000%.
The market is moving up, but leverage is unusually calm. There’s no overheated rush of crowded longs chasing the price higher, and with funding at zero, shorts aren’t collecting interest subsidies either.
Many people see the price nearing its previous high and panic, calling a top. But with over $400 million in open interest and the funding rate unmoved, this isn’t a leveraged, overextended surge—it’s a healthy climb without the burden of excessive leverage.
#STRK24小时上涨约20% #BNB $BNB
#US $US
#STRK24小时上涨约20%
👇
The market is moving up, but leverage is unusually calm. There’s no overheated rush of crowded longs chasing the price higher, and with funding at zero, shorts aren’t collecting interest subsidies either.
Many people see the price nearing its previous high and panic, calling a top. But with over $400 million in open interest and the funding rate unmoved, this isn’t a leveraged, overextended surge—it’s a healthy climb without the burden of excessive leverage.
#STRK24小时上涨约20% #BNB $BNB
#US $US
#STRK24小时上涨约20%
👇