Something doesn’t add up. Over the past 24 hours, open interest in $PUMP contracts is down 10.35%, while the price is up 4.17%.
Open interest is falling while the price is rising, which looks more like shorts closing their positions and buying back—but that’s just a guess. Whether contract positions are increasing or decreasing, you have to look at them alongside the coin’s price. Have any of you made a move in the past couple of days?
Open interest is falling while the price is rising, which looks more like shorts closing their positions and buying back—but that’s just a guess. Whether contract positions are increasing or decreasing, you have to look at them alongside the coin’s price. Have any of you made a move in the past couple of days?