The whole market is broadly up. Among the top ten on the decliners, only COTI saw real sell volume on the drop: $63 million in turnover, down 20%. The other nine are all slipping with volume below $2 million.
Current price 0.0145. Over the past 24 hours it was dumped from 0.0188 down to 0.0142—Binance and Bybit’s declines are consistent.
Liquidation of $450,000, 95% of it was chasing longs. Contract positions have shrunk by 20%, and nobody dares to buy the dip.
Over on the gainers leaderboard, ZETA and PHA each saw volume of over $600 million, with all the money chasing the rally.
$COTI $BTC
#跌幅榜 #Futures liquidation
With big volume, the sell-off doesn’t turn back—do you think COTI has reached bottom?
Check in real time: https://www.coinboss.com/gainers-losers