09:19 Position update: $APR open interest rises as price falls
— Open interest +114.82% (24 hours, measured in coins)
— Price fell 27.74% over the same period
— Open interest value: $6.96 million
With prices down and open interest up, bears seem to have the upper hand. But when short positions get too crowded, a sharp rebound can catch them off guard.
#APR
Just chatting—everyone has to bear their own gains and losses.
— Open interest +114.82% (24 hours, measured in coins)
— Price fell 27.74% over the same period
— Open interest value: $6.96 million
With prices down and open interest up, bears seem to have the upper hand. But when short positions get too crowded, a sharp rebound can catch them off guard.
#APR
Just chatting—everyone has to bear their own gains and losses.