$KAIA contracts are showing rising open interest while prices move sideways (24 hours: OI +13.86% / price +1.2%). Here are a few things to watch next:
1. Will open interest continue to rise?
2. Will the funding rate become one-sided?
3. Which way will the price break out of the range?
Total positions on the platform stand at $13.03 million. I’ll follow up once we get an answer to one of these questions.
#KAIA
Do your own research before placing an order.
1. Will open interest continue to rise?
2. Will the funding rate become one-sided?
3. Which way will the price break out of the range?
Total positions on the platform stand at $13.03 million. I’ll follow up once we get an answer to one of these questions.
#KAIA
Do your own research before placing an order.