🐋 Futures traders are adding to their positions in $ICNT ?
Open interest is up 2.65% over 15 minutes, with current open interest at $6.34 million and price up 12.42%.
Leveraged buying is pushing the price higher. Watch to see if funding rates rise too—if things get overheated, a pullback may follow.
Different takes are welcome in the comments.
#ICNT
Open interest is up 2.65% over 15 minutes, with current open interest at $6.34 million and price up 12.42%.
Leveraged buying is pushing the price higher. Watch to see if funding rates rise too—if things get overheated, a pullback may follow.
Different takes are welcome in the comments.
#ICNT