$INJ June 10.6%, taxes still outstanding.
Binance 5.47; about -11.5% from the intraday high, spot around 11.59 million.
Perps position about 19.90 million, daily notional about 3.47 million, density 5.7.
Full-lot long tax 0.00125%.
Breaking it doesn’t mean the positions are fully cleared—won’t change the stance until density drops back by 2x.
#Injective #perps density
Binance 5.47; about -11.5% from the intraday high, spot around 11.59 million.
Perps position about 19.90 million, daily notional about 3.47 million, density 5.7.
Full-lot long tax 0.00125%.
Breaking it doesn’t mean the positions are fully cleared—won’t change the stance until density drops back by 2x.
#Injective #perps density
