Positioning is worth watching:
Open interest for the $SAND contract rose 29.06% in 24 hours, while the price fell 0.48%. There’s still $18.96 million in open interest.
Both long and short positions are growing (it’s unclear who’s adding), but the price hasn’t moved. This kind of standoff usually ends with a sharp move—the direction is anyone’s guess.
Open interest for the $SAND contract rose 29.06% in 24 hours, while the price fell 0.48%. There’s still $18.96 million in open interest.
Both long and short positions are growing (it’s unclear who’s adding), but the price hasn’t moved. This kind of standoff usually ends with a sharp move—the direction is anyone’s guess.