I pulled up the data from $WIF . The contract trading value is 10.2 times that of the spot, making it the second-highest on the entire list.
That means most of this 21.3% rise was pushed by leveraged capital; on the spot side, it really didn’t move much. I found this structure a bit surprising when I saw it. Its funding rate is still positive—longs are paying for their positions.
Another background data point: in 932 days, $WIF saw 19 instances of a single-day increase of over 20%, so it falls into the category of very volatile assets.
When it comes to leveraged-driven moves, I generally wait for it to “blow up” once before saying anything. Do you plan to wait for a pullback to enter, or just not touch this kind of setup? Not investment advice
#WIF
That means most of this 21.3% rise was pushed by leveraged capital; on the spot side, it really didn’t move much. I found this structure a bit surprising when I saw it. Its funding rate is still positive—longs are paying for their positions.
Another background data point: in 932 days, $WIF saw 19 instances of a single-day increase of over 20%, so it falls into the category of very volatile assets.
When it comes to leveraged-driven moves, I generally wait for it to “blow up” once before saying anything. Do you plan to wait for a pullback to enter, or just not touch this kind of setup? Not investment advice
#WIF
