$CKB just ripped — and the data says this one has real squeeze mechanics.
Open interest surged 187.29 percent in 24 hours alongside a 29.718 percent price move. Funding rate sits at -0.00161213 per 8h — shorts are bleeding daily. Long/short ratio dropped from 1.6567 to 1.2183 as shorts got caught.
The 3.05 percent OI pullback in the last hour? Healthy consolidation after that leverage build. If funding stays negative, shorts keep paying to hold — and covering feeds the move.
Where do you see $CKB by end of week?
Open interest surged 187.29 percent in 24 hours alongside a 29.718 percent price move. Funding rate sits at -0.00161213 per 8h — shorts are bleeding daily. Long/short ratio dropped from 1.6567 to 1.2183 as shorts got caught.
The 3.05 percent OI pullback in the last hour? Healthy consolidation after that leverage build. If funding stays negative, shorts keep paying to hold — and covering feeds the move.
Where do you see $CKB by end of week?