GTC is up 47.7%, SAND is up 43.8%. Yet their funding rates have both been pushed down to -0.955% and -0.496%, respectively—shorts are still continuing to pay for it.
$GTC +47.7%。
Open interest also increased by 106.2%, with trading volume at $250 million. The price rise isn’t a low-liquidity spike without volume.
But the active buy orders are slightly weaker than the sell orders, suggesting this move looks more like a squeeze caused by accumulated short pressure. The area around 0.18377 is worth watching.
$SAND +43.8%。
Trading volume is $663 million, while open interest has surged 221.2%—the most concentrated addition of new positions among the top three.
The ratio of long/short accounts is close to even, and active buy/sell order flow is also basically balanced, yet the price has been lifted sharply. The follow-through is the most important thing to watch next.
$MAGMA +37.5%。
Open interest increased by 88.3% and trading volume is $188 million, so capital follow-through isn’t weak.
The long/short account ratio is only 0.65, but the funding rate has already turned positive. Order-book divergence is more obvious here than in the first two.
From #4 to #10, in order: NIGHT up 22.9%, SCR up 17.2%, TRUTH up 15.2%, VELVET up 14.7%, MANA up 13.4%, WLD up 13.2%, ENJ up 12.2%.
Overall, capital is clearly grouping together in high-volatility coins. But the ones with real trading and open-interest support are still the top three—especially whether SAND’s newly added positions can continue to stay in place.
The cost that SAND and GTC shorts are bearing is already extremely high. The longer this structure drags on, the more likely it is to keep producing a行情 (trading move).
$GTC $SAND $MAGMA #合约热点 #Binance Square
Compiled with assistance from Claude Fable 5. For informational purposes only—please verify the data yourself.
$GTC +47.7%。
Open interest also increased by 106.2%, with trading volume at $250 million. The price rise isn’t a low-liquidity spike without volume.
But the active buy orders are slightly weaker than the sell orders, suggesting this move looks more like a squeeze caused by accumulated short pressure. The area around 0.18377 is worth watching.
$SAND +43.8%。
Trading volume is $663 million, while open interest has surged 221.2%—the most concentrated addition of new positions among the top three.
The ratio of long/short accounts is close to even, and active buy/sell order flow is also basically balanced, yet the price has been lifted sharply. The follow-through is the most important thing to watch next.
$MAGMA +37.5%。
Open interest increased by 88.3% and trading volume is $188 million, so capital follow-through isn’t weak.
The long/short account ratio is only 0.65, but the funding rate has already turned positive. Order-book divergence is more obvious here than in the first two.
From #4 to #10, in order: NIGHT up 22.9%, SCR up 17.2%, TRUTH up 15.2%, VELVET up 14.7%, MANA up 13.4%, WLD up 13.2%, ENJ up 12.2%.
Overall, capital is clearly grouping together in high-volatility coins. But the ones with real trading and open-interest support are still the top three—especially whether SAND’s newly added positions can continue to stay in place.
The cost that SAND and GTC shorts are bearing is already extremely high. The longer this structure drags on, the more likely it is to keep producing a行情 (trading move).
$GTC $SAND $MAGMA #合约热点 #Binance Square
Compiled with assistance from Claude Fable 5. For informational purposes only—please verify the data yourself.
