287 million in trading volume, announcement board empty—who’s wash trading this? 😂
$ARIA touched 0.324 during the day, then got slammed to a low of 0.185.
It’s now around 0.190, down roughly 28% for the day.
There’s no spot market on Binance; it’s all futures trading.
Open interest is holding up, though the number of contracts held is down about 10% in a day,
and notional value has fallen from around 29.5 million to 20.6 million U.
The funding rate is behaving for now, at about 0.005% every 4 hours,
and the account long/short ratio is roughly even.
I looked all over but couldn’t find any new announcement from the project team today.
This kind of volume doesn’t look like people are just messing around, so I’ll watch from a distance for now.
$ARIA #AriaAI #FuturesActivity
Personal opinion only; not investment advice
$ARIA touched 0.324 during the day, then got slammed to a low of 0.185.
It’s now around 0.190, down roughly 28% for the day.
There’s no spot market on Binance; it’s all futures trading.
Open interest is holding up, though the number of contracts held is down about 10% in a day,
and notional value has fallen from around 29.5 million to 20.6 million U.
The funding rate is behaving for now, at about 0.005% every 4 hours,
and the account long/short ratio is roughly even.
I looked all over but couldn’t find any new announcement from the project team today.
This kind of volume doesn’t look like people are just messing around, so I’ll watch from a distance for now.
$ARIA #AriaAI #FuturesActivity
Personal opinion only; not investment advice