Follow futures positioning｜$AKE
Leveraged positions are being unwound (24-hour open interest -10.87%), while the price has risen 267.58%.
There are still $42.34 million in the market. Most of the positions being unwound are likely shorts: closing them requires buying, which is probably what's pushing the price higher.
Leveraged positions are being unwound (24-hour open interest -10.87%), while the price has risen 267.58%.
There are still $42.34 million in the market. Most of the positions being unwound are likely shorts: closing them requires buying, which is probably what's pushing the price higher.