【Position Divergence Alert】$ENA
Over the past 24 hours, the price has fallen 16.5%, while contract open interest has increased by 12.09%.
Open interest currently stands at around $95.62 million. It looks like new short positions are adding to their bets amid the downturn, but excessive crowding can also lead to a short squeeze. What’s a safe level of leverage? Let’s discuss in the comments.
Over the past 24 hours, the price has fallen 16.5%, while contract open interest has increased by 12.09%.
Open interest currently stands at around $95.62 million. It looks like new short positions are adding to their bets amid the downturn, but excessive crowding can also lead to a short squeeze. What’s a safe level of leverage? Let’s discuss in the comments.
