CLO has pulled this off pretty cleanly.
In the past 24 hours, it’s up 27.8%, trading at $0.1486, with trading volume of $71.25 million. The contracts are even more aggressive: across 6 total open positions, open interest is $12.44 million, up 75.2% in a day. Bybit’s open interest has more than doubled (+166.8%), MEXC +127.5%, and Binance +54.3%, and it has taken about half the share.
Funding rates are all positive across 8 venues: Binance is 0.069% (4-hour settlement), and longs are paying in real terms to keep adding.
Meanwhile, liquidation has been quiet: over the past 24 hours across the whole network, only $98,000 was liquidated with 203 trades—this is basically negligible compared to $12.44 million in open interest. On the 4-hour horizon, shorts were squeezed out by about $60,000; at the 1-hour level, long liquidations totaled only about $7,000—no “kill the longs harder” and no large-scale leverage wipeout.
Among the top five gainers, this combination—rapid open-interest growth, all-positive funding rates, and extremely low liquidation—isn’t common. The structure is cleaner than most rallies that get pushed up in a tougher way.
CLO contract data: coinboss.com/currencies/CLO
#CLO #Gainers board
In the past 24 hours, it’s up 27.8%, trading at $0.1486, with trading volume of $71.25 million. The contracts are even more aggressive: across 6 total open positions, open interest is $12.44 million, up 75.2% in a day. Bybit’s open interest has more than doubled (+166.8%), MEXC +127.5%, and Binance +54.3%, and it has taken about half the share.
Funding rates are all positive across 8 venues: Binance is 0.069% (4-hour settlement), and longs are paying in real terms to keep adding.
Meanwhile, liquidation has been quiet: over the past 24 hours across the whole network, only $98,000 was liquidated with 203 trades—this is basically negligible compared to $12.44 million in open interest. On the 4-hour horizon, shorts were squeezed out by about $60,000; at the 1-hour level, long liquidations totaled only about $7,000—no “kill the longs harder” and no large-scale leverage wipeout.
Among the top five gainers, this combination—rapid open-interest growth, all-positive funding rates, and extremely low liquidation—isn’t common. The structure is cleaner than most rallies that get pushed up in a tougher way.
CLO contract data: coinboss.com/currencies/CLO
#CLO #Gainers board