Bottom line: JTO open interest fell 2.34% in a day, but Binance traders reduced positions while OKX traders added to theirs. There’s no consensus on direction.
Total open interest is about $51.74 million, down $1.21 million over 24 hours. Binance open interest fell 3.01%, while OKX actually rose 5.48%—fund flows on the two major platforms are moving in opposite directions.
Looking at the past 4 hours, Binance open interest rose 0.53% and OKX rose 2.93%. This looks more like short-term positions moving back in, and isn’t enough to signal a one-way market.
$JTO $BTC
Do you think this is funds moving back in, or are bulls and bears waiting for the next move?
View live: https://www.coinboss.com/currencies/JTO