🐳 Capital Flow Notes:
$RLC futures positions fell 35.16% over the past 24 hours, while the price rose 14.24%. There’s still $13.74 million in open interest.
Futures positions are falling while the price is rising. This is more likely driven by short sellers closing their positions and buying back, rather than new long positions entering the market. Watch to see whether open interest bottoms out and starts to recover—that could signal fresh capital coming in.
This is not investment advice. Trade at your own risk.
$RLC futures positions fell 35.16% over the past 24 hours, while the price rose 14.24%. There’s still $13.74 million in open interest.
Futures positions are falling while the price is rising. This is more likely driven by short sellers closing their positions and buying back, rather than new long positions entering the market. Watch to see whether open interest bottoms out and starts to recover—that could signal fresh capital coming in.
This is not investment advice. Trade at your own risk.