The last time $AGT touched around 0.06 was November 3. Where did that daily candle finally close?
The answer was 0.0433, and the next day it fell to 0.0318. This afternoon, it surged from around 0.024 to 0.0599 in two hours, reaching the same level again.
▪️ Number of tokens in open contracts: 368 million → 469 million (+27%)
▪️ Funding rate: previous period 0.048% → current period estimated at 0.12%
▪️ Long/short account ratio: 1.75 → 0.72
After doubling, short accounts made up 58%, but longs were the ones paying funding. There are fewer long traders, with heavier positions. Around 164 million tokens are also set to be unlocked at midnight on the 16th, about 5% of the circulating supply.
What matters more to me is whether it can hold above 0.06 this time. What do you think is different from November 3?
#AGT #Alaya #Contract data
The answer was 0.0433, and the next day it fell to 0.0318. This afternoon, it surged from around 0.024 to 0.0599 in two hours, reaching the same level again.
▪️ Number of tokens in open contracts: 368 million → 469 million (+27%)
▪️ Funding rate: previous period 0.048% → current period estimated at 0.12%
▪️ Long/short account ratio: 1.75 → 0.72
After doubling, short accounts made up 58%, but longs were the ones paying funding. There are fewer long traders, with heavier positions. Around 164 million tokens are also set to be unlocked at midnight on the 16th, about 5% of the circulating supply.
What matters more to me is whether it can hold above 0.06 this time. What do you think is different from November 3?
#AGT #Alaya #Contract data