🐳 Fund flows:
$AGT contract open interest fell 10.24% over 24 hours, while the price rose 17.44%. There is still $38.52 million in open interest in the market.
Contract positions are declining as the price rises. This looks more like short covering pushing the price up than new longs entering. Watch to see whether open interest stops falling and starts to recover—that could signal new capital stepping in.
$AGT contract open interest fell 10.24% over 24 hours, while the price rose 17.44%. There is still $38.52 million in open interest in the market.
Contract positions are declining as the price rises. This looks more like short covering pushing the price up than new longs entering. Watch to see whether open interest stops falling and starts to recover—that could signal new capital stepping in.