I missed the move again.
The most absurd part about $XPL is not that it surged to $0.1057—it’s that spot trading volume directly pushed it to $372.81M, while futures were only $68.52M, just 0.2x. You’d think it was just wild emotional swings, but the funding rate is only at +0.0050%, not crazy at all.
What’s even more infuriating is that in the past 24 hours it rocketed from $0.08222 to $0.10619, and the number of trades also spiked to 4,400,178. I originally planned to wait for a pullback, but it kept rising as it went, like it was deliberately avoiding my limit order.
There are also 350,897,795 units of $XPL sitting there, so it’s not like nobody’s watching. Spot is running ahead, while futures are lagging behind, and the one who claims on the outside that I won’t chase—I'm the easiest to just watch it keep climbing and then smack my thigh 😅
$XPL
#加密货币 #BinanceSquare
The most absurd part about $XPL is not that it surged to $0.1057—it’s that spot trading volume directly pushed it to $372.81M, while futures were only $68.52M, just 0.2x. You’d think it was just wild emotional swings, but the funding rate is only at +0.0050%, not crazy at all.
What’s even more infuriating is that in the past 24 hours it rocketed from $0.08222 to $0.10619, and the number of trades also spiked to 4,400,178. I originally planned to wait for a pullback, but it kept rising as it went, like it was deliberately avoiding my limit order.
There are also 350,897,795 units of $XPL sitting there, so it’s not like nobody’s watching. Spot is running ahead, while futures are lagging behind, and the one who claims on the outside that I won’t chase—I'm the easiest to just watch it keep climbing and then smack my thigh 😅
$XPL
#加密货币 #BinanceSquare