$INX Over the past 24 hours, activity has been strong, with the price rising by more than 17%. Trading volume has held steady at around $3.4M, and market attention has clearly increased.
From on-chain data, the OI/Market Cap ratio has climbed to 12.9%–15.2%, indicating that capital is being added to this asset on an ongoing basis.
The key drivers behind this round of market action can be summarized into three points: rising long-leverage sentiment, accelerated inflow of incremental capital, and upgrades to spot trading experience.
It’s important to note that a high OI ratio also implies amplified potential volatility. Once market sentiment shifts, short-term pullback risks should not be ignored. For short-term participants, it’s advisable to monitor changes in open interest and how well they align with trading volume, and avoid chasing at higher prices.
#Infinex #IO_FLOW
From on-chain data, the OI/Market Cap ratio has climbed to 12.9%–15.2%, indicating that capital is being added to this asset on an ongoing basis.
The key drivers behind this round of market action can be summarized into three points: rising long-leverage sentiment, accelerated inflow of incremental capital, and upgrades to spot trading experience.
It’s important to note that a high OI ratio also implies amplified potential volatility. Once market sentiment shifts, short-term pullback risks should not be ignored. For short-term participants, it’s advisable to monitor changes in open interest and how well they align with trading volume, and avoid chasing at higher prices.
#Infinex #IO_FLOW