Everyone, the contract data for $AKE is worth a look.
The price is down 52.28%, while open interest is up 23.64% over the past 24 hours—that’s rising open interest as the price falls! It looks like the bears are leading the charge, but if short positions get too crowded, they could easily get squeezed.
After this drop, are you planning to reduce your positions or hold steady?
The price is down 52.28%, while open interest is up 23.64% over the past 24 hours—that’s rising open interest as the price falls! It looks like the bears are leading the charge, but if short positions get too crowded, they could easily get squeezed.
After this drop, are you planning to reduce your positions or hold steady?