🚨 Futures Alert
Ran my usual hourly scan of the perps. These stood out:
INIT: open interest +9.6% in 1h to 50.5M, funding at -0.824%, 318K liquidated in 1h (mostly shorts).
Price +91.9% on the day, top traders' long/short at 0.83.
ARIA: funding at +0.093%.
Price +21.8% on the day, top traders' long/short at 1.51.
ONE: funding at -0.080%.
Price +22.1% on the day, top traders' long/short at 1.22.
Fast OI and funding swings tend to end in a wick one way or the other. Plenty of people end up on the wrong side of those. Size carefully.
#Futures #CryptoTrading $INIT $ARIA $ONE
Ran my usual hourly scan of the perps. These stood out:
INIT: open interest +9.6% in 1h to 50.5M, funding at -0.824%, 318K liquidated in 1h (mostly shorts).
Price +91.9% on the day, top traders' long/short at 0.83.
ARIA: funding at +0.093%.
Price +21.8% on the day, top traders' long/short at 1.51.
ONE: funding at -0.080%.
Price +22.1% on the day, top traders' long/short at 1.22.
Fast OI and funding swings tend to end in a wick one way or the other. Plenty of people end up on the wrong side of those. Size carefully.
#Futures #CryptoTrading $INIT $ARIA $ONE