Up 17% in a day—KGEN’s futures data is pretty interesting
I looked through the Alpha coins with the highest futures trading volume, and KGEN’s position changes stood out the most. Here’s a closer look.
【KGEN】24h +17.4%, OI 10.0M (24h -10%), funding rate +0.005%. The price is up while OI is falling, which looks more like short covering—but OI has risen 8% in the past hour.
Long/short ratio by accounts: 1.87; by positions: 1.03. Both sides are fairly balanced. 24h liquidations: 318K long, 191K short—longs took most of the hit. The taker buy/sell ratio over the past hour is 1.01, so buying and selling are about even.
What does this mean? Taken together, these metrics don’t show anything particularly extreme for now. The main thing is that interest is high, with a lot of people coming and going.
Two others worth noting:
· AKE 24h +149.3%｜OI 89.3M (+203%)｜funding rate +0.092%
Up 149%, with OI up 203% alongside it—leverage clearly helped drive this move. At +0.092%, longs are paying.
· IDOL 24h +2.9%｜OI 27.2M (-6%)｜funding rate +0.011%
The price is up while OI is falling, which looks more like short covering. Around 613K in liquidations over 24h, with both sides affected.
Compared with the previous update, KGEN and IDOL are new entries, and AKE’s funding rate has moved from +0.054% to +0.092%.
These figures only show which way positions are leaning; they don’t predict the direction. Hot small-cap coins can see lots of sharp wicks, so don’t go all-in or max out your leverage.
Do you think longs or shorts are more crowded in this KGEN move? Let’s talk in the comments.
#BinanceAlpha #合约数据 $KGEN $AKE $IDOL
I looked through the Alpha coins with the highest futures trading volume, and KGEN’s position changes stood out the most. Here’s a closer look.
【KGEN】24h +17.4%, OI 10.0M (24h -10%), funding rate +0.005%. The price is up while OI is falling, which looks more like short covering—but OI has risen 8% in the past hour.
Long/short ratio by accounts: 1.87; by positions: 1.03. Both sides are fairly balanced. 24h liquidations: 318K long, 191K short—longs took most of the hit. The taker buy/sell ratio over the past hour is 1.01, so buying and selling are about even.
What does this mean? Taken together, these metrics don’t show anything particularly extreme for now. The main thing is that interest is high, with a lot of people coming and going.
Two others worth noting:
· AKE 24h +149.3%｜OI 89.3M (+203%)｜funding rate +0.092%
Up 149%, with OI up 203% alongside it—leverage clearly helped drive this move. At +0.092%, longs are paying.
· IDOL 24h +2.9%｜OI 27.2M (-6%)｜funding rate +0.011%
The price is up while OI is falling, which looks more like short covering. Around 613K in liquidations over 24h, with both sides affected.
Compared with the previous update, KGEN and IDOL are new entries, and AKE’s funding rate has moved from +0.054% to +0.092%.
These figures only show which way positions are leaning; they don’t predict the direction. Hot small-cap coins can see lots of sharp wicks, so don’t go all-in or max out your leverage.
Do you think longs or shorts are more crowded in this KGEN move? Let’s talk in the comments.
#BinanceAlpha #合约数据 $KGEN $AKE $IDOL