Conclusion: Up about 43%; accounts skew short, but positions are increasing.
$PIEVERSE Contract price around 2.09.
High: 2.27; low: 1.45.
Daily trading volume around 195 million U.
Binance has no spot pair.
The notional value of open interest rose from around 16.9 million to 29.6 million U in one day.
The long/short account ratio is around 0.53.
Longs paid the funding rate most of the time, with the highest interval around 0.1%.
Some people on X mentioned that a sizable share unlock is due this week; the source is unverified and there is only one.
The structure looks crowded; treat it as a capital-driven game for now.
$PIEVERSE #Pieverse #FuturesWatch
Personal opinion only; not investment advice
$PIEVERSE Contract price around 2.09.
High: 2.27; low: 1.45.
Daily trading volume around 195 million U.
Binance has no spot pair.
The notional value of open interest rose from around 16.9 million to 29.6 million U in one day.
The long/short account ratio is around 0.53.
Longs paid the funding rate most of the time, with the highest interval around 0.1%.
Some people on X mentioned that a sizable share unlock is due this week; the source is unverified and there is only one.
The structure looks crowded; treat it as a capital-driven game for now.
$PIEVERSE #Pieverse #FuturesWatch
Personal opinion only; not investment advice