🚨 Futures Alert
Quick check on the futures board, and a couple of these made me look twice:
INIT: open interest +16.5% in 1h to 40.2M, funding at -1.708%, 431K liquidated in 1h (mostly shorts).
Price +70.3% on the day, top traders' long/short at 0.94.
SOL: 8.8M liquidated in 1h (mostly longs).
Price -2.9% on the day, top traders' long/short at 2.29.
XRP: 4.3M liquidated in 1h (mostly longs).
Price -2.6% on the day, top traders' long/short at 2.40.
Not touching the leverage button on these for now. Boring, but I like boring.
#Futures #CryptoTrading $INIT $SOL $XRP
Quick check on the futures board, and a couple of these made me look twice:
INIT: open interest +16.5% in 1h to 40.2M, funding at -1.708%, 431K liquidated in 1h (mostly shorts).
Price +70.3% on the day, top traders' long/short at 0.94.
SOL: 8.8M liquidated in 1h (mostly longs).
Price -2.9% on the day, top traders' long/short at 2.29.
XRP: 4.3M liquidated in 1h (mostly longs).
Price -2.6% on the day, top traders' long/short at 2.40.
Not touching the leverage button on these for now. Boring, but I like boring.
#Futures #CryptoTrading $INIT $SOL $XRP