$LSK Funding rate: -0.152%/4h, annualized -334%. Shorts are putting money into longs’ pockets every four hours.
· Open interest: $6.39M, down just 1.8% in 24h—no sign of people bailing
· Open interest/market cap: 16.0%; futures volume is 6.9x spot volume
· Long/short account ratio: 1.3, with more traders on the long side
Lisk is a long-running project that has now pivoted to corporate treasury management, bringing fiat and stablecoin payments and approvals together in one backend. LSK is the platform’s loyalty token. Binance futures listed it in January 2024.
It’s down 25.7% over the past 7 days, and the funding rate keeps getting more negative. That suggests some traders are adding to their shorts during the decline and don’t mind paying to hold them. There are more long accounts, but short positions are heavier—a classic case of retail traders buying the dip while big players press the trend. If shorts keep pushing the price down, dip-buying longs could get liquidated in waves. But open interest hasn’t fallen, so if spot buyers step in, short covering could trigger a squeeze.
No clear new catalysts have emerged in recent days, so any rebound looks more technical than fundamental. Circulating supply is 73.4% of the total, so unlock pressure isn’t too concerning. The main risk is volatility amplified by futures leverage, not token releases.
#LSK #资金费率 #high-volatility coin