$MET currently ranks 5th on the Plaza trending list: 2 related posts and 132,000 cumulative views.
Putting the data together: current price 0.4365, down 14.14% over 24 hours and 0.99% over 1 hour; trading volume over the past hour was 0.5 times the average for the previous six hours, while open interest fell by about 0.2% over the same period.
The funding rate is -0.017%, equivalent to an annualized rate of about -18.2%, with shorts paying. This has persisted for about 5.8 hours.
Compared with a high-volume selloff, a low-volume, gradual decline is harder to handle.
The data is here; the decision is yours.
#MET
Putting the data together: current price 0.4365, down 14.14% over 24 hours and 0.99% over 1 hour; trading volume over the past hour was 0.5 times the average for the previous six hours, while open interest fell by about 0.2% over the same period.
The funding rate is -0.017%, equivalent to an annualized rate of about -18.2%, with shorts paying. This has persisted for about 5.8 hours.
Compared with a high-volume selloff, a low-volume, gradual decline is harder to handle.
The data is here; the decision is yours.
#MET