The $ARIA contract is showing rising open interest while prices move sideways (24 hours: open interest +26.78% / price -1.03%). Here are a few things to watch:
1. Whether open interest continues to rise
2. Whether funding rates become noticeably skewed to one side
3. Which direction the price breaks first
Total positions on the platform amount to $5.65 million. I’ll share an update once we get an answer to any of these questions.
#ARIA
1. Whether open interest continues to rise
2. Whether funding rates become noticeably skewed to one side
3. Which direction the price breaks first
Total positions on the platform amount to $5.65 million. I’ll share an update once we get an answer to any of these questions.
#ARIA