To be direct, while checking contract data today, I noticed $STBL : open interest is up 4.83% over 15 minutes, currently at $4.39 million.
The price is also rising (+2.16%), which looks like new longs are coming in. I usually keep an eye on the funding rate next; if it’s still normal, this move looks healthy.
Share your thoughts in the comments—there might be something to learn.
The price is also rising (+2.16%), which looks like new longs are coming in. I usually keep an eye on the funding rate next; if it’s still normal, this move looks healthy.
Share your thoughts in the comments—there might be something to learn.