🧮 $INIT on Hyperliquid: funding rate -0.095%, annualized -834.7%.
Open interest is approximately $1.35 million, with 24-hour trading volume of $6.2 million and a current price of 0.1207 (-6.64%).
Short positions are already crowded, and the conditions needed for a short squeeze are building.
The above is for informational purposes only and does not constitute advice.
#INIT #On-chainData
Open interest is approximately $1.35 million, with 24-hour trading volume of $6.2 million and a current price of 0.1207 (-6.64%).
Short positions are already crowded, and the conditions needed for a short squeeze are building.
The above is for informational purposes only and does not constitute advice.
#INIT #On-chainData
