🟢 $INIT · 1h price +3.8%|open interest +0.9%
Current price: $0.2466
📊 Market Data
• Open interest/market cap: 19.25M / 54.06M (control level 36%)
• Funding rate: -1.005% (shorts pay)
• Long/short structure: retail 0.66 (short positions piling up)|whales 0.90
• Market-maker activity: 5m CVD shows continuous aggressive buying (+690K)|spot outflow of 390K over 1h
🗂 Market-Maker Cycle (new profile · 📥 building a position under the radar)
• Market-maker cost zone: $0.2429 ~ $0.2503 (average $0.2466, core position up +291% cumulatively, not closed)
• Previous reversal: 11/10 $0.25 short position was squeezed upward, triggering a +-1.4% stop-loss → cycle flipped from short to long
🧠 Signal: 🟢 Re-entering long ★★★☆☆
Price has barely moved while open interest surged first; CVD shows continuous aggressive buying, and shorts are paying as positions pile up. The market maker is secretly accumulating to build a core long position.