๐ณ Top 5 biggest 24-hour losses:
$AKE -44.04%; $UAI -25.24%; $APR -23.30%; JCT -19.06%; TRUTH -17.75%
The plunge in $AKE (-44.04%) is typically accompanied by a cascade of stop-losses among leveraged longs. Watch the funding rate and open interest to see whether positions are being flushed out; after the washout, a genuine stabilization is more likely.
$AKE -44.04%; $UAI -25.24%; $APR -23.30%; JCT -19.06%; TRUTH -17.75%
The plunge in $AKE (-44.04%) is typically accompanied by a cascade of stop-losses among leveraged longs. Watch the funding rate and open interest to see whether positions are being flushed out; after the washout, a genuine stabilization is more likely.
