$UAI Contract market recap: Over the past 24 hours, open interest rose by 59.16% while the price fell 39.98%, with open interest valued at approximately $6.27 million.
Who’s more on the back foot? Right now, it looks like the longs, while new shorts still seem to be piling in. But these shorts were opened during this downswing, so if the price rebounds, the shorts will be the ones on the back foot.
Who’s more on the back foot? Right now, it looks like the longs, while new shorts still seem to be piling in. But these shorts were opened during this downswing, so if the price rebounds, the shorts will be the ones on the back foot.
