Don't call a 1.8x bid wall a return of inflows.
$LINK Binance 12.15: down 1.1% on the day, 1.1% below the high.
Top-five bids: about 21.6k; asks: about 11.8k.
OKX long funding is at the cap, around 0.01%, with OI at about 23.8m; HL density is only 0.10, with daily notional around 5.83m.
Funding maxed out, positions not rotating—the defense is absent.
I’m betting this keeps grinding. The only rebuttal: density gets back to 0.3.
#预言机 #LINK structure
$LINK Binance 12.15: down 1.1% on the day, 1.1% below the high.
Top-five bids: about 21.6k; asks: about 11.8k.
OKX long funding is at the cap, around 0.01%, with OI at about 23.8m; HL density is only 0.10, with daily notional around 5.83m.
Funding maxed out, positions not rotating—the defense is absent.
I’m betting this keeps grinding. The only rebuttal: density gets back to 0.3.
#预言机 #LINK structure