$SAND Has increased by more than 78% already, and Vol has reached 1.17B—a figure indicating this token is drawing significant attention from the market. But surprisingly, the short side is actually pulling in even more. The long/short ratio of the top traders has fallen below 1, with funding fees negative at -0.7%. The shorts are paying holding fees, yet the price still hasn’t been willing to drop. If buying power continues to maintain the momentum, the open short positions could easily cause the market to become more volatile. But when the buyers run out of steam, the pressure to take profits will return immediately. $SAND

$SAND Has increased by more than 78% already, and Vol has reached 1.17B—a figure indicating this token is drawing significant attention from the market. But surprisingly, the short side is actually pulling in even more. The long/short ratio of the top traders has fallen below 1, with funding fees negative at -0.7%. The shorts are paying holding fees, yet the price still hasn’t been willing to drop. If buying power continues to maintain the momentum, the open short positions could easily cause the market to become more volatile. But when the buyers run out of steam, the pressure to take profits will return immediately.
$SAND