【Position Divergence Alert】$ON
Over the past 24 hours, the price has fallen 40.94%, while contract open interest has increased by 19.08%.
Open interest is currently around $7.52 million. It looks like new shorts are adding to their positions as prices fall, but overcrowded positions could easily be caught in a rebound. Would you trade here?
Over the past 24 hours, the price has fallen 40.94%, while contract open interest has increased by 19.08%.
Open interest is currently around $7.52 million. It looks like new shorts are adding to their positions as prices fall, but overcrowded positions could easily be caught in a rebound. Would you trade here?