Pushed up to around 0.396, then forced back down. Volume hasn't dried up.
$ICNT is currently around 0.356, up about 24% in 24h.
High: 0.396; low: 0.284.
Contract trading volume: about 146 million U.
There is no spot pair on Binance.
Open interest rose from about 23.2 million to 26 million contracts in one day.
Its value climbed from about 6.65 million to 9.4 million U.
Long positions account for about 51% of accounts, nearly even.
Among large accounts, shorts have a slight edge, at around 54%.
Funding rates were mostly 0.005% during the day.
The next rate is forecast at around -0.17%, just starting to turn into shorts paying longs.
Couldn't find an official announcement today.
The high was pushed down, but positions are still being added. First, let's see if this volume can hold.
$ICNT #ImpossibleCloud
Personal opinion only; not investment advice
$ICNT is currently around 0.356, up about 24% in 24h.
High: 0.396; low: 0.284.
Contract trading volume: about 146 million U.
There is no spot pair on Binance.
Open interest rose from about 23.2 million to 26 million contracts in one day.
Its value climbed from about 6.65 million to 9.4 million U.
Long positions account for about 51% of accounts, nearly even.
Among large accounts, shorts have a slight edge, at around 54%.
Funding rates were mostly 0.005% during the day.
The next rate is forecast at around -0.17%, just starting to turn into shorts paying longs.
Couldn't find an official announcement today.
The high was pushed down, but positions are still being added. First, let's see if this volume can hold.
$ICNT #ImpossibleCloud
Personal opinion only; not investment advice