$W open interest surges 73%, but funding rate turns negative
Just finished scanning Binance futures.
$W , 0.016241. 24h +17.5%.
Trading volume: $135.5M. Market cap: $107.5M.
Open interest: +73.0%.
Path: 5.8M → 5.6M → 6.1M → 10.0M.
It dipped, dipped again, then suddenly shot back up.
This isn’t a slow decline on low volume. Someone is adding positions with real money.
Price is rising. Funding is falling.
-0.0003% → -0.0037%.
It’s turned negative—and keeps sliding.
Shorts now have the upper hand.
But the cost of holding those short positions is starting to climb.
The spot pair is still listed. 10 related news stories.
CoinW Research Institute’s weekly report just came out.
The direction isn’t confirmed. First, get your leverage in check.
Risk warning: Negative funding isn’t a shield for shorts. A rebound can come fast, and liquidations can come even faster.
#W #币安 #Bitcoin
Just finished scanning Binance futures.
$W , 0.016241. 24h +17.5%.
Trading volume: $135.5M. Market cap: $107.5M.
Open interest: +73.0%.
Path: 5.8M → 5.6M → 6.1M → 10.0M.
It dipped, dipped again, then suddenly shot back up.
This isn’t a slow decline on low volume. Someone is adding positions with real money.
Price is rising. Funding is falling.
-0.0003% → -0.0037%.
It’s turned negative—and keeps sliding.
Shorts now have the upper hand.
But the cost of holding those short positions is starting to climb.
The spot pair is still listed. 10 related news stories.
CoinW Research Institute’s weekly report just came out.
The direction isn’t confirmed. First, get your leverage in check.
Risk warning: Negative funding isn’t a shield for shorts. A rebound can come fast, and liquidations can come even faster.
#W #币安 #Bitcoin