$ZORA: That big wave just now—are they accumulating or distributing?
In the past few hours, the trading volume was 6.1 times the usual amount.
Price is 0.0071, up 40.1% in 24 hours.
This kind of scale can’t be generated by retail investors.
Behind the scenes, there must be large funds moving.
But what are they doing?
It’s not clear yet.
Open interest (OI) is up 1.2%, and the funding rate is 0.005%.
There are two possibilities.
First:
Large funds are accumulating; OI rises in sync, and a directional breakout may follow.
Second:
Large funds are distributing; OI falls in sync, and after the volume is digested, the price may actually drop back.
So I’m asking myself one question now:
If I were that large fund, what would I most want retail investors to do here?
Often, the answer is right in the order book.
I’m only waiting for two levels:
Break and hold above 0.0060, and if the volume is still there → follow.
Break below 0.0054, and if OI rebounds → bearish.
The volume moved first—wait for the price to give the answer.
Click the small card below to quickly check the market trend 👇
In the past few hours, the trading volume was 6.1 times the usual amount.
Price is 0.0071, up 40.1% in 24 hours.
This kind of scale can’t be generated by retail investors.
Behind the scenes, there must be large funds moving.
But what are they doing?
It’s not clear yet.
Open interest (OI) is up 1.2%, and the funding rate is 0.005%.
There are two possibilities.
First:
Large funds are accumulating; OI rises in sync, and a directional breakout may follow.
Second:
Large funds are distributing; OI falls in sync, and after the volume is digested, the price may actually drop back.
So I’m asking myself one question now:
If I were that large fund, what would I most want retail investors to do here?
Often, the answer is right in the order book.
I’m only waiting for two levels:
Break and hold above 0.0060, and if the volume is still there → follow.
Break below 0.0054, and if OI rebounds → bearish.
The volume moved first—wait for the price to give the answer.
Click the small card below to quickly check the market trend 👇