⏱ Intraday update: $TRUTH 1-hour open interest increased by 5.11%, currently around $18.46 million; the price rose 1.83% over the same period.
When open interest swings sharply, keep an eye on funding rates too. If rates are heavily skewed in one direction, watch out for a contrarian shakeout.
#TRUTH
When open interest swings sharply, keep an eye on funding rates too. If rates are heavily skewed in one direction, watch out for a contrarian shakeout.
#TRUTH