$HUMA is relatively weak compared with $BTC , but perpetual open interest is climbing sharply, while the funding rate remains deeply negative.
Binance data as of 06:28 Beijing time: $HUMA spot price was about 0.01327 USDT, down 2.28% over 24 hours; $BTC was about 76,010.0, up 0.07%. The 24-hour performance gap relative to BTC was about -2.36%. The intraday high was 0.01395 and the low was 0.01287. Spot trading volume was about 3.73M USDT.
Futures: the funding rate was about -0.19%. Perpetual open interest rose about 10.30% over the past 24 hours and fell about 0.21% in the most recent hour. The global long/short account ratio was about 0.70, with long accounts at about 41.1% and short accounts at about 58.9%. The top trader account long/short ratio was about 0.87 (long accounts at about 46.4%). The top trader positions long/short ratio was about 1.34 (long positions at about 57.3%, short positions at about 42.7%). The taker buy/sell ratio was about 0.97 over the most recent hour and about 1.09 over the past 5 minutes.
The price is failing to keep pace with BTC, while positions are growing. Accounts are skewed short, and the funding rate means shorts continue to pay. Taker buying is slightly stronger in the short term, suggesting that some traders may be hedging or covering positions amid crowded shorts. Going forward, watch whether open interest continues to build and whether the funding rate can recover from deeply negative territory.
Data from Binance spot ticker and public futures endpoints. Not investment advice.
$HUMA $BTC
Binance data as of 06:28 Beijing time: $HUMA spot price was about 0.01327 USDT, down 2.28% over 24 hours; $BTC was about 76,010.0, up 0.07%. The 24-hour performance gap relative to BTC was about -2.36%. The intraday high was 0.01395 and the low was 0.01287. Spot trading volume was about 3.73M USDT.
Futures: the funding rate was about -0.19%. Perpetual open interest rose about 10.30% over the past 24 hours and fell about 0.21% in the most recent hour. The global long/short account ratio was about 0.70, with long accounts at about 41.1% and short accounts at about 58.9%. The top trader account long/short ratio was about 0.87 (long accounts at about 46.4%). The top trader positions long/short ratio was about 1.34 (long positions at about 57.3%, short positions at about 42.7%). The taker buy/sell ratio was about 0.97 over the most recent hour and about 1.09 over the past 5 minutes.
The price is failing to keep pace with BTC, while positions are growing. Accounts are skewed short, and the funding rate means shorts continue to pay. Taker buying is slightly stronger in the short term, suggesting that some traders may be hedging or covering positions amid crowded shorts. Going forward, watch whether open interest continues to build and whether the funding rate can recover from deeply negative territory.
Data from Binance spot ticker and public futures endpoints. Not investment advice.
$HUMA $BTC