I still wrote BNB as a low-position ticket last week.
Binance 771, weekly change about −2.0%; spot about 147 million.
HL holdings about 51.5 million, daily notional about 10.4 million, roughly 5.0x leverage.
OKX fee rate about +0.007%.
The fund manager squeezed the volume smaller—tore up the low-position narrative in advance.
Do you think the inventory gets cleared, or does it just move sideways on reduced volume?
#BNB库存 #L1 Perpetual
Binance 771, weekly change about −2.0%; spot about 147 million.
HL holdings about 51.5 million, daily notional about 10.4 million, roughly 5.0x leverage.
OKX fee rate about +0.007%.
The fund manager squeezed the volume smaller—tore up the low-position narrative in advance.
Do you think the inventory gets cleared, or does it just move sideways on reduced volume?
#BNB库存 #L1 Perpetual