It’s four o’clock, and the night session is winding down—at two, it was still a “draw,” but now the top two gainers have turned into a two-horse marathon: ONE and AKE are both nearing 50%, while AIN has squeezed back into the top three. The most surreal move on the losers’ side: UAI, which was leading the declines by over 40% at two, has vanished from the list entirely.
First, the rankings | Binance USDT-margined perpetuals, 24h percentage change (as of around 04:00 Asia/Shanghai; crypto assets only, excluding US stocks and leveraged equity indices; trading volume roughly ≥5 million U)
Top three gainers (main focus this session: the two-horse finish + AIN’s return):
$ONE about +49%, current price ~0.00238, volume about 561 million U—after taking first at around +39% at two, it kept climbing; 24h OI about +158% (roughly 5.6→14.3M U). The positioning story isn’t over yet, but the funding rate is almost flat
$AKE about +48%, current price ~0.00537, volume about 407 million U—after slipping to third at around +38% at two, it has stormed back to second over the past two hours; OI about +38% (roughly 12.0→16.5M); that deep daytime funding rate of -0.82%/period has long since turned positive—the comeback rally is still going
AIN about +33%, current price ~0.143, volume about 153 million U—after dropping out of the top three at around +28% at two, it’s back now; OI about +28%, with large traders’ positions about 59% long. Next: IDOL about +30%, out of the top three (funding rate still positive); KOMA about +26%; SWARMS about +17% (OI about +41%)
On the decliners’ side:
CYBER about -13%, still leading the declines (current price ~0.315, volume about 76 million U); OI about -27%, funding rate still negative—as it went from a gainer to a decliner, positions kept unwinding
JCT about -11%, holding steady in the top three (current price ~0.00290, volume about 106 million U); about 65% of accounts are long, while OI is nearly flat—it’s falling, but positions haven’t fully cleared out
GTC about -10% (current price ~0.166); positions about 60% long, accounts about 41% long, latest funding rate about -0.12%/period, with a 48-period low of about -0.47%—deeply negative funding is still in place. Next: FOGO about -9%, PUMP about -8%. UAI, which had the declines all to itself at two? As the 24h window rolled over, it’s now about -0.7%, dropping straight out of the narrative spotlight—not because it turned positive overnight, but because the rolling window cut off its sharpest drop
Smart-money signals I noticed (Binance’s official large-trader position/account long-short ratios + 24h OI; around 04:00 CST; positioning data is not a trade signal):
· ONE: accounts about 41% long, positions about 48% long; OI has climbed again to about +158%—still adding positions as the night session wraps up, while accounts remain reluctant to all go long together
· AKE: accounts about 45% long, positions about 50% long; the OI slope is rising again—from third to second, with positioning heating up too
· AIN: positions about 59% long, OI about +28%—its return is reflected in positioning, not just an attractive percentage
· IDOL: accounts clearly skew short at about 39% long, positions about 57% long; highest funding settlement in the past 48 periods about +0.14%/period (the marked rate was still climbing to about +0.22% at two, and has eased slightly now)—longs are paying while accounts stay on the sidelines; the divergence remains, just less glaring than at two
· CYBER: OI continues to unwind, about -27%, funding rate still negative—positions are retreating as it leads the declines
· JCT: accounts about 65% long vs. price still in a hole—long-leaning accounts haven’t left, but it remains among the decliners
· GTC: accounts about 41% long, positions about 60% long + deeply negative funding—positions lean long but are collecting subsidies; the structure remains twisted
· UAI: OI has been cut in half again since two, ending at only around -10%; accounts are still about 63% long—the rolling window erased the percentage move, but signs of positioning ebbing away remain
Whale PnL profile (no publicly verifiable wallet PnL; only funding/long-short divergence and OI changes are discussed; no specific addresses verified):
· ONE: the top gainer is also the positioning champion—OI is still rising at a more-than-doubling pace as the night session wraps up, suggesting leveraged position turnover/short covering more than a chorus of bullish calls
· AKE: the other half of the comeback duo, with positioning heating up again alongside the percentage gain
· IDOL: funding is still high and positive + accounts skew short; who’s paying and who’s staying away? The divergence is slightly less pronounced at four than at two, but it hasn’t disappeared
· UAI: its leading-decliner legend was “deleted” by the 24h window—percentage moves alone can mislead; OI/accounts tell more of the story of positions ebbing away
· GTC: deeply negative funding sits alongside a place among the top decliners—don’t focus only on which asset fell the most
The chart shows funding rates over the past roughly 48 periods for ONE / IDOL / GTC: ONE is near zero; IDOL remains positive (from the marked rate of about +0.22% at two back to a settlement rate of about +0.14%); GTC is sinking further into negative territory. At four, don’t just watch “who’s still in the top three”—who takes the lead in the two-horse race, who gets rolled off the list by the window, and whose funding rate remains twisted can often tell you more than the closing numbers themselves.
Public data only; not investment advice. Source: Binance Futures API.
First, the rankings | Binance USDT-margined perpetuals, 24h percentage change (as of around 04:00 Asia/Shanghai; crypto assets only, excluding US stocks and leveraged equity indices; trading volume roughly ≥5 million U)
Top three gainers (main focus this session: the two-horse finish + AIN’s return):
$ONE about +49%, current price ~0.00238, volume about 561 million U—after taking first at around +39% at two, it kept climbing; 24h OI about +158% (roughly 5.6→14.3M U). The positioning story isn’t over yet, but the funding rate is almost flat
$AKE about +48%, current price ~0.00537, volume about 407 million U—after slipping to third at around +38% at two, it has stormed back to second over the past two hours; OI about +38% (roughly 12.0→16.5M); that deep daytime funding rate of -0.82%/period has long since turned positive—the comeback rally is still going
AIN about +33%, current price ~0.143, volume about 153 million U—after dropping out of the top three at around +28% at two, it’s back now; OI about +28%, with large traders’ positions about 59% long. Next: IDOL about +30%, out of the top three (funding rate still positive); KOMA about +26%; SWARMS about +17% (OI about +41%)
On the decliners’ side:
CYBER about -13%, still leading the declines (current price ~0.315, volume about 76 million U); OI about -27%, funding rate still negative—as it went from a gainer to a decliner, positions kept unwinding
JCT about -11%, holding steady in the top three (current price ~0.00290, volume about 106 million U); about 65% of accounts are long, while OI is nearly flat—it’s falling, but positions haven’t fully cleared out
GTC about -10% (current price ~0.166); positions about 60% long, accounts about 41% long, latest funding rate about -0.12%/period, with a 48-period low of about -0.47%—deeply negative funding is still in place. Next: FOGO about -9%, PUMP about -8%. UAI, which had the declines all to itself at two? As the 24h window rolled over, it’s now about -0.7%, dropping straight out of the narrative spotlight—not because it turned positive overnight, but because the rolling window cut off its sharpest drop
Smart-money signals I noticed (Binance’s official large-trader position/account long-short ratios + 24h OI; around 04:00 CST; positioning data is not a trade signal):
· ONE: accounts about 41% long, positions about 48% long; OI has climbed again to about +158%—still adding positions as the night session wraps up, while accounts remain reluctant to all go long together
· AKE: accounts about 45% long, positions about 50% long; the OI slope is rising again—from third to second, with positioning heating up too
· AIN: positions about 59% long, OI about +28%—its return is reflected in positioning, not just an attractive percentage
· IDOL: accounts clearly skew short at about 39% long, positions about 57% long; highest funding settlement in the past 48 periods about +0.14%/period (the marked rate was still climbing to about +0.22% at two, and has eased slightly now)—longs are paying while accounts stay on the sidelines; the divergence remains, just less glaring than at two
· CYBER: OI continues to unwind, about -27%, funding rate still negative—positions are retreating as it leads the declines
· JCT: accounts about 65% long vs. price still in a hole—long-leaning accounts haven’t left, but it remains among the decliners
· GTC: accounts about 41% long, positions about 60% long + deeply negative funding—positions lean long but are collecting subsidies; the structure remains twisted
· UAI: OI has been cut in half again since two, ending at only around -10%; accounts are still about 63% long—the rolling window erased the percentage move, but signs of positioning ebbing away remain
Whale PnL profile (no publicly verifiable wallet PnL; only funding/long-short divergence and OI changes are discussed; no specific addresses verified):
· ONE: the top gainer is also the positioning champion—OI is still rising at a more-than-doubling pace as the night session wraps up, suggesting leveraged position turnover/short covering more than a chorus of bullish calls
· AKE: the other half of the comeback duo, with positioning heating up again alongside the percentage gain
· IDOL: funding is still high and positive + accounts skew short; who’s paying and who’s staying away? The divergence is slightly less pronounced at four than at two, but it hasn’t disappeared
· UAI: its leading-decliner legend was “deleted” by the 24h window—percentage moves alone can mislead; OI/accounts tell more of the story of positions ebbing away
· GTC: deeply negative funding sits alongside a place among the top decliners—don’t focus only on which asset fell the most
The chart shows funding rates over the past roughly 48 periods for ONE / IDOL / GTC: ONE is near zero; IDOL remains positive (from the marked rate of about +0.22% at two back to a settlement rate of about +0.14%); GTC is sinking further into negative territory. At four, don’t just watch “who’s still in the top three”—who takes the lead in the two-horse race, who gets rolled off the list by the window, and whose funding rate remains twisted can often tell you more than the closing numbers themselves.
Public data only; not investment advice. Source: Binance Futures API.
