What does $AKE 's position tell us? Open interest is up 54.03% over 24 hours, while the price is down 49.69%. The open position is worth about $8.19 million.
My take: bears may be adding to their positions as prices fall, so selling pressure may not have faded yet. But if the market stabilizes and rebounds, these short positions could help fuel the rally.
What leverage do you usually use?
My take: bears may be adding to their positions as prices fall, so selling pressure may not have faded yet. But if the market stabilizes and rebounds, these short positions could help fuel the rally.
What leverage do you usually use?
