$KAVA Contract Market Recap: Over the past 24 hours, open interest rose by 21.68%, while the price fell by 41.82%. The value of open interest is approximately $6.29 million.
Who’s more on the back foot? For now, it looks like the longs. New shorts still seem to be piling in. However, these short positions were opened at various points during the decline. If the price rebounds, the shorts will be the ones on the back foot.
Who’s more on the back foot? For now, it looks like the longs. New shorts still seem to be piling in. However, these short positions were opened at various points during the decline. If the price rebounds, the shorts will be the ones on the back foot.