In this 1-hour period, open interest for $UAI increased by 8.03%, while the coin price fell by 15.98%.
As I understand it, when the price falls and open interest rises, it means shorts are adding to their positions.
Open interest is the number of contracts that haven't been closed yet; every long position is matched by a short position.
#UAI
Just a note I jotted down. It's up to you what you do with it.
As I understand it, when the price falls and open interest rises, it means shorts are adding to their positions.
Open interest is the number of contracts that haven't been closed yet; every long position is matched by a short position.
#UAI
Just a note I jotted down. It's up to you what you do with it.