Just spotted this: bids stacked like a mountain, yet perpetual longs are paying full tax.
$BNB Binance at 726.8, up 1.7% on the day and just 0.5% off the high.
Bid depth across the top five levels is about 2.5x the asks; OKX funding is maxed at 0.01%.
HL positions: about 43.7m / 9.5m for the day, a density of 4.6.
Paying tax near the top, with positions still loaded — not calling this a clean breakout just yet.
#BNB结构 #LongsPayingTax
$BNB Binance at 726.8, up 1.7% on the day and just 0.5% off the high.
Bid depth across the top five levels is about 2.5x the asks; OKX funding is maxed at 0.01%.
HL positions: about 43.7m / 9.5m for the day, a density of 4.6.
Paying tax near the top, with positions still loaded — not calling this a clean breakout just yet.
#BNB结构 #LongsPayingTax