$JUP 24h up 12.8%. The latest value is 0.3461, hovering right at the 24h high of 0.3475. An hour ago it was still 0.3359. Over the past ~1 hour, the position value is up +3.49%, and the active buy/sell ratio is 1.053. Prices rising along with increased positions looks more like a fresh long entry chasing higher prices, not short covering. However, the 15-minute buy/sell ratio has already fallen back to 0.992, and the 1-hour trading value is only 1.24 times the 24h average—so the “driving force” isn’t thick. If it drops back below 0.3359 (the level from 1 hour ago), then the claim about increased positions pushing the price would not hold. $CC 24h is up 14%, but the 1-hour position value is -3.25%, and the active buy/sell ratio is 0.913—this is a different route. $SPK 1 has only 0.69x the 1-hour trading value versus the 24h average, and the volume momentum is even weaker.
#Contract positions