What are the big players thinking?
“Open interest on perpetual contract exchanges topped $100 billion in Q3, up 40.6% quarter over quarter.”
After the news broke, I asked just three money-related questions:
1. Which way are the big orders leaning?
2. Can $BNB 's trading volume ($74.61 million in 24 hours) keep growing?
3. Have any whales made large transfers to trading platforms?
If all three point in the same direction, then the news has been validated by capital; otherwise, it’s probably just noise.
Sometimes the market prices things in ahead of time, so when the news comes out, it can actually be a sell-the-news event.
“Open interest on perpetual contract exchanges topped $100 billion in Q3, up 40.6% quarter over quarter.”
After the news broke, I asked just three money-related questions:
1. Which way are the big orders leaning?
2. Can $BNB 's trading volume ($74.61 million in 24 hours) keep growing?
3. Have any whales made large transfers to trading platforms?
If all three point in the same direction, then the news has been validated by capital; otherwise, it’s probably just noise.
Sometimes the market prices things in ahead of time, so when the news comes out, it can actually be a sell-the-news event.