Conclusion: price rose about 13%, while open interest increased even more.
$EDGE contract at around 0.389.
High: 0.447; low: 0.342. It has already pulled back from the peak.
Daily trading volume: about 119 million U.
Binance has no spot trading pair.
The number of contracts increased in one day from about 17.85 million
to 24.02 million, up about 35%.
Notional value rose from about 6.12 million to 9.38 million U.
About 62% of accounts are long.
Funding rate: about 0.005%.
I couldn't find an official announcement for today.
New money is flowing in, sentiment is bullish, and the price has pulled back from its high.
For now, treat it as a battle of capital flows.
$EDGE #合约观察 #Open Interest
Personal opinion only; not investment advice.
$EDGE contract at around 0.389.
High: 0.447; low: 0.342. It has already pulled back from the peak.
Daily trading volume: about 119 million U.
Binance has no spot trading pair.
The number of contracts increased in one day from about 17.85 million
to 24.02 million, up about 35%.
Notional value rose from about 6.12 million to 9.38 million U.
About 62% of accounts are long.
Funding rate: about 0.005%.
I couldn't find an official announcement for today.
New money is flowing in, sentiment is bullish, and the price has pulled back from its high.
For now, treat it as a battle of capital flows.
$EDGE #合约观察 #Open Interest
Personal opinion only; not investment advice.