Conclusion first: MET is up 30% this day. In the past 24 hours’ liquidations, shorts took the bigger hit. Those who chased selling got taken out first, but in the last hour the sentiment flipped again—now the longs who chased higher are getting cut.

Current price is around 0.380. Over the past 24 hours, the high was 0.414 and the low was 0.287. The gains on both Binance and OKX have capped at around 30%.

In the past 24 hours, the entire network cleaned up $760,000, and 57% were shorts. The reversal in the last hour is even more drastic: around 80% of the $315k liquidations were long positions—those who chased the rally too quickly got buried.

Open interest surged 63% in one day to $32.69 million; Binance accounted for 26%, and Hyperliquid on-chain for 16%. Yet Binance’s funding rate turned negative—annualized, it’s paying back over 200%, which indicates that anyone still holding an outright short is effectively paying to bleed and stubbornly holding on.

$MET $BTC

#爆仓数据 #futures market

How far do you think this reversal can still go?

View in real time: https://www.coinboss.com/currencies/MET