š³ Top 5 biggest losers in the past 24 hours:
No.1 $AKE -35.81%
No.2 $BTW -28.17%
No.3 $INTWB -23.91%
No.4 BLESS -20.50%
No.5 INIT -17.63%
A move like this in $AKE (-35.81%) is usually accompanied by a wave of stop-losses on leveraged long positions. Watch whether funding rates and open interest decline. A decent rebound may only come after the shakeout.
#AKE
No.1 $AKE -35.81%
No.2 $BTW -28.17%
No.3 $INTWB -23.91%
No.4 BLESS -20.50%
No.5 INIT -17.63%
A move like this in $AKE (-35.81%) is usually accompanied by a wave of stop-losses on leveraged long positions. Watch whether funding rates and open interest decline. A decent rebound may only come after the shakeout.
#AKE
