Celestia and Injective traders pulled back the hardest on our pressure board as of 15:00 UTC on Oct 17. Open futures bets on $TIA moved -10.57% over 24 hours with funding at -0.01%, and $INJ moved -10.59% with funding at 0.01%.
With funding that close to flat, neither side is paying much to keep its positions, so this reads as traders closing bets rather than building them. FIL, STRK and WLD show the same shape, at -4.87%, -9.04% and -7.59%.
$Q is the exception and holds the top score of the day at 51. Open bets there grew 1.85% and longs pay 0.07% funding, a small build with one side carrying the cost.
With funding that close to flat, neither side is paying much to keep its positions, so this reads as traders closing bets rather than building them. FIL, STRK and WLD show the same shape, at -4.87%, -9.04% and -7.59%.
$Q is the exception and holds the top score of the day at 51. Open bets there grew 1.85% and longs pay 0.07% funding, a small build with one side carrying the cost.