$Q funding rate: -0.054%/hour, annualized -476%. The last 8 periods have all been negative, so shorts have been paying the whole time
· Open interest: $10.92 million, down 7.7% in 24 hours
· Open interest/market cap: 8.1%; futures are not driving price discovery
· Long/short account ratio: 2.3, showing a clear tilt toward longs by account count
Quack AI is building a governance layer for AI agents. Simply put, it gives bots a set of verifiable rules for paying and getting things done, with support for gas-free payments via signatures. The token launched on Binance Alpha in September 2025.
The price just touched an all-time high last week, then gave back more than 80% within a few days. Yet the funding rate has stayed deeply negative, suggesting shorts have not closed out after the sell-off and are still adding to their positions. The gradual decline in open interest looks more like longs capitulating and exiting.
A long-heavy account ratio combined with negative funding means retail traders are buying the dip while larger players are shorting. Either shorts continue to profit from further declines, or a sudden rebound wipes out both dip buyers and late short sellers. Another possibility is that negative funding is simply a payment collected by hedging positions, rather than evidence that traders are genuinely bearish.
No new catalysts have turned up recently; this move has largely been driven by price action itself. Circulating supply is 47.1% of the total, and FDV is $287 million. Half the tokens are still not in circulation, so overhead selling pressure on a rebound may be heavier than it appears.
#Q #资金费率 #Meme coin
· Open interest: $10.92 million, down 7.7% in 24 hours
· Open interest/market cap: 8.1%; futures are not driving price discovery
· Long/short account ratio: 2.3, showing a clear tilt toward longs by account count
Quack AI is building a governance layer for AI agents. Simply put, it gives bots a set of verifiable rules for paying and getting things done, with support for gas-free payments via signatures. The token launched on Binance Alpha in September 2025.
The price just touched an all-time high last week, then gave back more than 80% within a few days. Yet the funding rate has stayed deeply negative, suggesting shorts have not closed out after the sell-off and are still adding to their positions. The gradual decline in open interest looks more like longs capitulating and exiting.
A long-heavy account ratio combined with negative funding means retail traders are buying the dip while larger players are shorting. Either shorts continue to profit from further declines, or a sudden rebound wipes out both dip buyers and late short sellers. Another possibility is that negative funding is simply a payment collected by hedging positions, rather than evidence that traders are genuinely bearish.
No new catalysts have turned up recently; this move has largely been driven by price action itself. Circulating supply is 47.1% of the total, and FDV is $287 million. Half the tokens are still not in circulation, so overhead selling pressure on a rebound may be heavier than it appears.
#Q #资金费率 #Meme coin
