$LPT is down only about 4 points, but over the past 24 hours, long liquidations have already reached nearly 66 times the volume of short liquidations, while accounts remain almost evenly split between longs and shorts.
#LPT #持仓量 #资金费率 #Liquidations
Long liquidations were about $82,000, versus roughly $1,200 for shorts — about 66.2 times as much. The current price is around 1.521 on Binance and 1.522 on OKX, nearly identical across both exchanges. Over 24 hours, it’s down about 4.04%/3.97%.
Total futures open interest is around 2.613 million on Binance and 1.364 million on OKX. Accounts are split nearly 50/50 between longs and shorts, with longs at about 50.6%. The funding rate overview is around 0.016%, slightly positive.
The price is down only about 4%, yet long liquidations are nearly 66 times higher than short liquidations, while accounts aren’t clearly skewed to either side. What do you think matters more: concentrated leverage, or funding rates still favoring longs?