🐋 Are leveraged funds piling into $LPT ?
Open positions are up 37.66% in 1 hour, current open interest is $5.35 million, and the price is up 5.12%.
Leveraged funds are pushing the price higher. Watch whether the funding rate rises along with it; if things get overheated, a shakeout may follow.
Like this if you feel the same.
#LPT
Personal notes, not a recommendation to buy or sell.
Open positions are up 37.66% in 1 hour, current open interest is $5.35 million, and the price is up 5.12%.
Leveraged funds are pushing the price higher. Watch whether the funding rate rises along with it; if things get overheated, a shakeout may follow.
Like this if you feel the same.
#LPT
Personal notes, not a recommendation to buy or sell.