$LUMIA $RVN $SENT
📈 Whale activity | Just opened the futures page, and something seemed off with LUMIA: up 12.8% in 24 hours, while open interest over 4 hours dropped 20.3%. It outperformed the broader market by 9.4 percentage points.
📊 Open interest (4H) -20.3%
Price (24H) +12.8%
Current price 0.12348
24H range 0.10054-0.184
💡 Open interest is falling as the price rises. Earlier longs are taking profits as the price climbs or getting liquidated; this isn’t fresh money pushing the price up.
In the same batch of signals, RVN and SENT are also moving. SENT is likewise seeing its price rise while open interest falls.
🎯 Those who are still in and those who have already left are two different groups right now.
This pattern has played out in both directions before.
At the current price of 0.12348, is it closer to 0.10054 or 0.184? We’ll see which way it moves first.
⚠️ Personal opinion only; not investment advice.
📈 Whale activity | Just opened the futures page, and something seemed off with LUMIA: up 12.8% in 24 hours, while open interest over 4 hours dropped 20.3%. It outperformed the broader market by 9.4 percentage points.
📊 Open interest (4H) -20.3%
Price (24H) +12.8%
Current price 0.12348
24H range 0.10054-0.184
💡 Open interest is falling as the price rises. Earlier longs are taking profits as the price climbs or getting liquidated; this isn’t fresh money pushing the price up.
In the same batch of signals, RVN and SENT are also moving. SENT is likewise seeing its price rise while open interest falls.
🎯 Those who are still in and those who have already left are two different groups right now.
This pattern has played out in both directions before.
At the current price of 0.12348, is it closer to 0.10054 or 0.184? We’ll see which way it moves first.
⚠️ Personal opinion only; not investment advice.