$STRK quiet day on flows, only two coins moved enough to log: $STRK took $2.9M off Binance, WLD sent $5.8M onto Binance and Gate.
crowd positioning is where it gets odd. XRP crowd is 73/27 long while price sat flat at -0.1%, and open interest actually shrank $3M, longs leaning in while money quietly left the table.
SIREN crowd is also 73/27 long, but that one is up 41.9% on the day, so the lean at least matches the tape.
watching XRP's open interest tomorrow, a stacked long crowd with shrinking size is the kind of setup that resolves loud either way.
NFA
crowd positioning is where it gets odd. XRP crowd is 73/27 long while price sat flat at -0.1%, and open interest actually shrank $3M, longs leaning in while money quietly left the table.
SIREN crowd is also 73/27 long, but that one is up 41.9% on the day, so the lean at least matches the tape.
watching XRP's open interest tomorrow, a stacked long crowd with shrinking size is the kind of setup that resolves loud either way.
NFA