$LTC surged 4.96% in one hour; active buys vs. sells are 1.461, and turnover is 1.98 times the 24h hourly average! Buy orders are chewing through the book with cold, hard cash.
Position value rose in sync by 6.06% to 115 million; as price went up, positions increased, and new longs are chasing. The funding rate is only 0.01%, so the bulls haven’t squeezed so hard that they’re paying to do it. If it drops back below 65.95 from one hour ago, this long-chasing logic will be invalidated first.
#LTC
Position value rose in sync by 6.06% to 115 million; as price went up, positions increased, and new longs are chasing. The funding rate is only 0.01%, so the bulls haven’t squeezed so hard that they’re paying to do it. If it drops back below 65.95 from one hour ago, this long-chasing logic will be invalidated first.
#LTC
