11:43 Contract monitoring: $UAI open interest rises, price falls
— Open interest +62.49% (24 hours, in coin terms)
— Price -23.98% over the same period
— Open interest value: $6.91 million
Price down, open interest up—the bears seem more active; but when short positions become too crowded, a short squeeze can easily occur.
#UAI
— Open interest +62.49% (24 hours, in coin terms)
— Price -23.98% over the same period
— Open interest value: $6.91 million
Price down, open interest up—the bears seem more active; but when short positions become too crowded, a short squeeze can easily occur.
#UAI
