Conclusion: down about 41% in one day, while long accounts still make up around 70%.
$UAI perpetual contract is trading at around 0.046.
High: 0.089; low: 0.0437.
24-hour trading volume: about 98.3 million U.
Binance has no spot pair.
Open interest rose from about 78.88 million contracts to 131 million.
Its value barely changed, remaining around 6.1 million U.
It looks more like the number of contracts increased after the price was hammered down.
Funding rates mostly stayed at 0.005%, with no clear imbalance.
Public reports mentioned an investor unlock on November 6,
followed by a liquidation cascade; the details cannot be verified point by point.
The price is falling while traders remain tilted long—the structure is fragile on both sides.
$UAI #UnifAI
Personal opinion only; this is not investment advice.
$UAI perpetual contract is trading at around 0.046.
High: 0.089; low: 0.0437.
24-hour trading volume: about 98.3 million U.
Binance has no spot pair.
Open interest rose from about 78.88 million contracts to 131 million.
Its value barely changed, remaining around 6.1 million U.
It looks more like the number of contracts increased after the price was hammered down.
Funding rates mostly stayed at 0.005%, with no clear imbalance.
Public reports mentioned an investor unlock on November 6,
followed by a liquidation cascade; the details cannot be verified point by point.
The price is falling while traders remain tilted long—the structure is fragile on both sides.
$UAI #UnifAI
Personal opinion only; this is not investment advice.