🔸 $BLUR ｜ Upbit Investment Warning ｜ 0.01275 ｜ 24h -31.96%
Funding rate: -0.3564%, meaning shorts are paying longs. Even after a drop this steep, shorts are still piling in, which suggests plenty of people are betting it will fall further.
Being given this label doesn’t mean it will be delisted immediately. The label could be removed, or the process could move forward. In the meantime, many may sell first, making the price more volatile in the short term.
If you’re holding it, keep an eye on announcements from Upbit and the project team. Screenshots circulating in chat groups don’t count. What happens next depends on the official announcements.
Funding rate: -0.3564%, meaning shorts are paying longs. Even after a drop this steep, shorts are still piling in, which suggests plenty of people are betting it will fall further.
Being given this label doesn’t mean it will be delisted immediately. The label could be removed, or the process could move forward. In the meantime, many may sell first, making the price more volatile in the short term.
If you’re holding it, keep an eye on announcements from Upbit and the project team. Screenshots circulating in chat groups don’t count. What happens next depends on the official announcements.