Alpha Futures Volume Leaders | BTW's Positioning Is Interesting

Among the Alpha coins with the highest futures trading volume today, BTW is the one I want to take a closer look at.

【BTW】24h +17.1%, OI 80.2M (24h +19%), funding rate -0.034%. Price and OI are rising together, suggesting new positions are driving the move.
The long/short ratio by accounts is 0.78, and by positions it's 0.83, so the two sides are fairly balanced. Over the past 24h, liquidations totaled 73K in longs and 153K in shorts, with shorts taking the brunt. The taker buy/sell ratio over the past hour is 0.98, basically even.
Taken together, these figures don't show anything particularly extreme for now. The main takeaway is high activity, with many traders moving in and out.

A few others to look at:
· JCT 24h -17.4%|OI 49.5M (-19%)|funding rate +0.021%
Price and OI are falling together, suggesting longs are closing out. 24h liquidations were about 3.3M, on both sides.
· PIEVERSE 24h -15.5%|OI 60.4M (-21%)|funding rate +0.012%
Price and OI are falling together, suggesting longs are closing out. 24h liquidations were about 483K, on both sides.
· IDOL 24h +6.8%|OI 38.8M (+5%)|funding rate +0.013%
Price and OI are rising together, suggesting new positions are driving the move.
· AIN 24h -1.4%|OI 13.2M (+1%)|funding rate +0.007%
OI has barely changed over the day, so positions are relatively steady.

Compared with the previous post, the new additions are PIEVERSE, BTW, IDOL, and AIN.

When futures activity is high, traders on either side can easily get liquidated. Looking at the data helps identify where the risks are—not chase the move.

#BinanceAlpha #合约数据 $BTW $JCT $PIEVERSE