11:31 Position monitoring: $HYPE open interest rises as price falls
— Open interest +8.25% (24 hours, measured in coin units)
— Price fell 11.87% over the same period
— Open interest valued at $351 million
With prices falling and open interest rising, sellers seem more active; however, an overly crowded short trade could also trigger a short squeeze.
This is just a market update. Please make your own trading decisions.
— Open interest +8.25% (24 hours, measured in coin units)
— Price fell 11.87% over the same period
— Open interest valued at $351 million
With prices falling and open interest rising, sellers seem more active; however, an overly crowded short trade could also trigger a short squeeze.
This is just a market update. Please make your own trading decisions.
