$OGN ๐ถ๐ ๐๐ฝ ๐ฐ๐ต% ๐ถ๐ป ๐ฎ๐ฐ ๐ต๐ผ๐๐ฟ๐, ๐ฎ๐ป๐ฑ ๐๐ต๐ผ๐ฟ๐๐ ๐ฝ๐ฎ๐ถ๐ฑ ๐ณ๐ผ๐ฟ ๐บ๐ผ๐๐ ๐ผ๐ณ ๐ถ๐.
Origin Protocol went from about $0.021 to above $0.031, with the bulk of the move landing in the last three hours.
On Binance Futures, open interest more than doubled today while funding sat deep negative, near -0.65% per 4 hours. That's a crowded short getting squeezed.
There's no fresh announcement from the team behind it, so this looks like positioning, not news. Squeezes like this often cool once funding resets.
Still running, or already done?
NFA.
#OriginProtocol #ShortSqueeze
Origin Protocol went from about $0.021 to above $0.031, with the bulk of the move landing in the last three hours.
On Binance Futures, open interest more than doubled today while funding sat deep negative, near -0.65% per 4 hours. That's a crowded short getting squeezed.
There's no fresh announcement from the team behind it, so this looks like positioning, not news. Squeezes like this often cool once funding resets.
Still running, or already done?
NFA.
#OriginProtocol #ShortSqueeze