Rallying with funding costs, supported by a bid wall.
$PUMP Binance: 0.00513, up 5.9% on the day, 1.7% below the high.
HL long funding is at the cap; open interest is about 175 million versus 93 million today, a density ratio of 1.9.
OKX funding is about +0.0027%, with open interest around 28 million.
Top-five bid depth is about 1.6× ask depth.
Funding is rising, while the wall provides support—a meme pulse, not a shift to the main narrative.
#PUMP结构 #Meme leverage
$PUMP Binance: 0.00513, up 5.9% on the day, 1.7% below the high.
HL long funding is at the cap; open interest is about 175 million versus 93 million today, a density ratio of 1.9.
OKX funding is about +0.0027%, with open interest around 28 million.
Top-five bid depth is about 1.6× ask depth.
Funding is rising, while the wall provides support—a meme pulse, not a shift to the main narrative.
#PUMP结构 #Meme leverage