$QNT is up 16%
 and shorts are STILL paying. 👀
QNT: ~$93.5
24H: +16%
High: $105
Funding: -0.0255%

That's a weird combination.
Price is ripping higher

yet funding is still heavily negative.

My read: shorts haven't fully capitulated.
If QNT pushes back toward $105, I want to see whether those shorts finally start running.
Squeeze setup
 or just a temporary pump?