0.2265%. At the $MSTR 0-point funding rate tier, shorts paid this much in a single go.
Friday’s spot market closed at 111.62, with a low of 108.25. Weekend futures plunged to 101.67 and are now around 102.2 (down about 9.4% in 24 hours), still below that level.
▪️ Open-interest coins: 596,900 at 20:00 → about 610,300 now; positions increased as the price broke down
▪️ About 68% of accounts are long, barely changed
▪️ Estimated rate for the next interval: about -0.11%
Will it first reclaim Friday’s low of 108.25, or get pushed down to 101.67 again?
#MSTR #StockFutures
Friday’s spot market closed at 111.62, with a low of 108.25. Weekend futures plunged to 101.67 and are now around 102.2 (down about 9.4% in 24 hours), still below that level.
▪️ Open-interest coins: 596,900 at 20:00 → about 610,300 now; positions increased as the price broke down
▪️ About 68% of accounts are long, barely changed
▪️ Estimated rate for the next interval: about -0.11%
Will it first reclaim Friday’s low of 108.25, or get pushed down to 101.67 again?
#MSTR #StockFutures