Taking another look tonight: $JCT is still up +268% for the day, with 980 million U in trading volume. Open interest has risen 435% from this morning to now, and the funding rate is 0.35%, so longs are paying quite a bit each period. Meanwhile, $HOT is up 20%, but its funding rate is -0.67%; $CYBER has a funding rate of -0.70%. Shorts are paying out of pocket, and these usually come with big swings. I’m just looking at the data—I wouldn’t dare touch it. Just browsing, not financial advice. #Futures