Conclusion first: PUMP positions increased by 3.36% in one day, and Hyperliquid alone accounts for 54%. But the funding rate isn’t heating up yet—chasing longs hasn’t crowded into a tight group.
Total positions across the market are about $544 million; Hyperliquid is about $294 million, with positions adding up by 5.31% in the past 24 hours. Meanwhile, Binance’s positions are actually down 0.96%, and the funds are clearly flowing elsewhere.
The next Binance fee annualized rate is about 4.38%, and Hyperliquid about 1.32%—neither is extreme. In the past 24 hours, liquidations totaled 2.83 million, with shorts making up 57%. The upside side is still paying the price.
$PUMP $BTC
Hyperliquid adds to positions, while Binance pulls back—who side will you follow?
Check in real time: https://www.coinboss.com/currencies/PUMP