🐳 Top 5 contracts by 24-hour losses:
1. $BTW -22.42%
2. $IRYS -19.20%
3. $CAP -16.18%
4. DOS -13.54%
5. MAGMA -13.26%
The sharp drop in $BTW (-22.42%) is often accompanied by a wave of stop-losses among leveraged longs. Watch whether funding rates and open interest recede; after the shakeout, a meaningful stabilization is more likely.
1. $BTW -22.42%
2. $IRYS -19.20%
3. $CAP -16.18%
4. DOS -13.54%
5. MAGMA -13.26%
The sharp drop in $BTW (-22.42%) is often accompanied by a wave of stop-losses among leveraged longs. Watch whether funding rates and open interest recede; after the shakeout, a meaningful stabilization is more likely.
