17:08 Contract Watch: Open interest in $JCT rises as price falls
— Open interest +30.59% (24 hours, in coin terms)
— Price down 40.84% over the same period
— Open interest value: $12.85 million
As price falls and open interest rises, bears seem to be in control; however, when short positions become too crowded, a short squeeze can easily follow.
— Open interest +30.59% (24 hours, in coin terms)
— Price down 40.84% over the same period
— Open interest value: $12.85 million
As price falls and open interest rises, bears seem to be in control; however, when short positions become too crowded, a short squeeze can easily follow.