Honestly, I noticed $ALT while checking the contract data just now: open interest is up 22.39% over the past hour, and it’s now $4.44 million.
The price is rising too (+6.03%), which looks like new longs are coming in. I usually check the funding rate next—if it’s not overheated, this move looks pretty healthy.
What do you think?
The price is rising too (+6.03%), which looks like new longs are coming in. I usually check the funding rate next—if it’s not overheated, this move looks pretty healthy.
What do you think?