$KAVA contract data breakdown: Open interest rose by a net 94.01% in 24 hours, while the price fell 61.49%. The value of open positions is approximately $6.63 million.
Who’s more on the back foot? In the short term, it looks like the longs. The shorts still seem to be adding to their positions. But these shorts were opened throughout this decline, so if the price rebounds, the shorts will be the ones caught off guard.
Do you usually set a stop-loss when you open a position?
Who’s more on the back foot? In the short term, it looks like the longs. The shorts still seem to be adding to their positions. But these shorts were opened throughout this decline, so if the price rebounds, the shorts will be the ones caught off guard.
Do you usually set a stop-loss when you open a position?
