cfx

Binance’s CFX funding rate is still positive, while OKX’s has slipped into negative territory—the two exchanges are moving in opposite directions. Accounts are also tilted short, at about 59%. Yet nearly all liquidations over the past day were long positions: about $42,799 in longs versus roughly $113 in shorts, a gap of around 378x.
Binance: about $0.04745000 (-1.0220%); OKX: about $0.04744000 (-0.9810%). Over 24 hours, long liquidations totaled about $42,799 and short liquidations about $113, for a combined total of roughly $42,912 across 39 liquidations. Open interest: about 5.51 million on Binance and 2.03 million on OKX; account long/short ratio: about 41.2%/58.8%. Binance’s funding rate is about +0.000029, while OKX’s is about -0.000061—positive on one exchange and negative on the other.

Binance’s CFX funding rate is still positive, while OKX has dropped to around -0.0085%. Yet account shorts make up about 58%, and prices on both exchanges have pulled back by roughly 4.5%. Over 24 hours, about $167,000 in longs were liquidated, compared with just around $210 in shorts—a roughly 800-fold gap, with liquidations hitting almost exclusively the long side.
Binance: about $0.04704000 (-4.6230%); OKX: about $0.04704000 (-4.6422%). Over 24 hours, long liquidations totaled about $167,100 and short liquidations about $210, for roughly $167,300 combined across 105 liquidations. Open interest: about 5.53 million on Binance and 2.05 million on OKX. Funding rates: about +0.002898% on Binance and -0.008473% on OKX, pointing in opposite directions. The account long/short ratio is about 41.6%/58.4%.

CFX plunged about 10%, while accounts were nearly 60% skewed short. Yet over four hours, about $145,000 in longs were liquidated, while short liquidations were zero—the positioning looks short-biased, but there’s no sign of shorts being squeezed.
Binance: about $0.04747 (-9.8560%); OKX: about $0.04749 (-9.8348%). Over four hours, long liquidations totaled about $145,000 and short liquidations were zero, for a total of about $145,000 across 72 trades. The gap widened to about 1,623x over 12 hours, then narrowed to about 7x when the 24-hour total reached roughly $260,000. Open interest was about 5.56 million on Binance and 2.10 million on OKX; the long/short ratio by account was about 43:57, and the funding rate was slightly positive.
The price has taken a sharp hit, yet accounts are skewed short, while liquidations over the short window are almost entirely on the long side. This looks more like highly leveraged longs being liquidated as the price fell, rather than a mass short squeeze after shorts had already gained the upper hand.