$Q reversed from -18% to +61% in three hours, rocketing straight to the top of the futures leaderboard

At 10:30, $Q was still down 18.2%. By 11:30, it had climbed to +31.4%; at 12:30, +53.3%; and by 13:00, it had settled at +61.0%, with the current price at 0.1746. This wasn’t a slow climb—it shot straight up intraday.

There’s serious money flowing here: Binance futures recorded $960 million in 24-hour volume, while total futures volume across the market reached $1.48 billion—11 times the $137 million in open interest. That means funds are changing hands incredibly quickly throughout the day. The funding rate is near zero at 0.005%, so this could be a short squeeze taking off, or longs piling in. A check of the past 72 hours turned up no new catalysts: this move is purely fund-driven, and whether it lasts depends on whether the money sticks around.

Across the market, $Q saw $5.9 million in liquidations over 24 hours, affecting 4,671 traders. The shorts really got schooled.

Yesterday, $Q already pulled off a V-shaped reversal of +122% before giving back its gains. Today, it’s following the same script all over again. This coin is definitely a “roller-coaster specialist.”

Do you think this +61% gain can hold? Let’s discuss in the comments.