Infinex $INX : Over the past 24 hours, prices surged by more than 17%, and market attention has clearly increased.
Based on on-chain and derivatives data, several key signals are worth noting:
- Open interest has continued to rise. The OI/market-cap ratio is already in the 12.9%-15.2% range, at a relatively high level, suggesting that leveraged long sentiment is fairly concentrated
- Trading volume over the past 24 hours is about $3.4 million, with a market cap of about $16.4 million—there are clear signs of capital inflow
- Improved convenience of spot trading reduces the participation barrier for users
A high OI/market-cap ratio indicates intense long-versus-short competition, and price volatility may be amplified. For short-term trading, be cautious about pullback risk caused by any withdrawal of leveraged funds. For the medium to long term, it’s still necessary to monitor whether real-world use cases and ecosystem progress can continue to absorb incoming buying demand.
Position management is more important than chasing the rally.
#Infinex#On-chain data#Derivatives market
Based on on-chain and derivatives data, several key signals are worth noting:
- Open interest has continued to rise. The OI/market-cap ratio is already in the 12.9%-15.2% range, at a relatively high level, suggesting that leveraged long sentiment is fairly concentrated
- Trading volume over the past 24 hours is about $3.4 million, with a market cap of about $16.4 million—there are clear signs of capital inflow
- Improved convenience of spot trading reduces the participation barrier for users
A high OI/market-cap ratio indicates intense long-versus-short competition, and price volatility may be amplified. For short-term trading, be cautious about pullback risk caused by any withdrawal of leveraged funds. For the medium to long term, it’s still necessary to monitor whether real-world use cases and ecosystem progress can continue to absorb incoming buying demand.
Position management is more important than chasing the rally.
#Infinex#On-chain data#Derivatives market